September 6, 2024

Rusal says board recommends not paying H1 dividend

The company decided not to pay a final dividend for 2022 and did not pay for 2023.

September 6, 2024

African Rainbow Minerals pivots to chrome and copper after platinum price slump

The basket price of PGMs fell about 40% last year and the slide has continued into 2024.

September 6, 2024

Trafigura’s top China iron ore traders leave group

The departures came after global prices of the key steel-making ingredient tumbled almost 40%.

September 6, 2024

Citi says US election risk to contain metals prices for now

Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.

September 5, 2024

Gold price holds gain as rate cut hopes rise before US payrolls data

Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021.

September 5, 2024

Chile’s Corfo to issue tender for projects that make lithium products

The chosen companies will have access to lithium at a preferential price produced by Albemarle.

September 5, 2024

Nippon Steel seeks to address concerns on US Steel deal

Nippon also disclosed it had hired former US House majority leader Dick Gephardt to assist in its efforts.

September 5, 2024

Race for critical minerals affect African nations most, South Africa says

Ramaphosa made the remarks in his speech at a summit for the Forum on China-Africa Cooperation.

September 5, 2024

Chinese lithium producers embrace hedging to manage volatility

Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season.

September 5, 2024

Copper processing charges could fall further next year, says Cochilco

Cochilco said it expects a deficit of 1.9 million tons of concentrates this year, pushing processing charges to $40 per ton this year.