September 4, 2024

Column: West plugs defences as China cranks up aluminum output

China's primary aluminum smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country.

September 4, 2024

Liberia conditionally lifts shutdown order on China Union’s iron ore mines

China Union took over the Bong Mines, located around 150 km northeast of the capital Monrovia, with a $2.6 billion investment in 2008.

September 4, 2024

Biden close to blocking Nippon Steel deal to buy US Steel

US Steel warned earlier that a failure to merge with Nippon Steel would put thousands of jobs at risk.

September 4, 2024

Chile’s top court rejects Tianqi appeal to halt SQM-Codelco deal

Tianqi argued that the joint venture between SQM and Codelco should be submitted to shareholder approval.

September 4, 2024

Carlyle’s Currie sees copper price capped at $9,500 on China demand

The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft.

September 4, 2024

Trafigura strikes $400 million cash-for-iron ore deal With MinRes

For Trafigura, the deal represents the latest step in a push into iron ore trading.

September 4, 2024

Orano selects Tennessee site to build uranium enrichment plant

The project is also being supported Tennessee's Nuclear Energy Fund, which has about $60 million in approved funding.

September 4, 2024

LME seeks to boost electronic trading, reassure physical users

The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading.

September 4, 2024

Glencore’s Peru boss Soyer to step down after Volcan sale

Glencore's head of Peruvian operations is stepping down from her position.

September 4, 2024

Russia launches major zinc concentrate plant after delays linked to fire, US sanctions

Ozernoye aims to process up to 6 million tons of zinc ore when it reaches full capacity in 2025.