November 7, 2024

Alcoa suspends bauxite shipments from Brazil’s Juruti mine due to port issue

The company halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.

November 7, 2024

China’s central bank pauses gold purchases for sixth straight month

Bullion prices have surged about 33% this year, on track for the largest annual gain since 1979.

November 6, 2024

China’s steel demand shifts to higher grade ore, Rio Tinto exec says

"The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said.

November 6, 2024

Itochu to buy stake in Brazil’s CSN’s iron ore unit for $769m

CSN Mineracao is the leading iron ore producer and distributor in Brazil.

November 6, 2024

Albemarle loses more than $1 billion on falling lithium prices

The results underscore the supply glut engulfing the entire lithium industry amid oversupply from China.

November 6, 2024

Metals sell off after Trump win while oil recoups some losses

Metals bore the brunt of global commodity price losses after a US election win by Donald Trump on Wednesday.

November 6, 2024

Sibanye agrees on wage deal for its gold operations, union says

On Tuesday, Sibanye reported a nearly 300% increase in third-quarter earnings from its gold operations.

November 6, 2024

World’s biggest cobalt miner is gloomy on the EV metal’s future

The adoption of cobalt-free LFP batteries has gained momentum in recent years.

November 6, 2024

China’s industry ministry plans to step up lithium, cobalt, nickel exploration

The plan is targeting an increase in the scale of the new energy storage manufacturing industry to match demand by 2027.

November 6, 2024

Trump return will slow, not stop, US clean energy boom

Trump wants to rescind all unspent funds allocated by the Inflation Reduction Act, which could pour cold water over the US clean energy boom.