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Chile's Cochilco hikes 2025 and 2026 copper price forecasts to record highs
Chile's state copper commission Cochilco increased its forecast for copper prices for 2025 and 2026 to record highs on Wednesday amid weak production. Cochilco now sees average copper prices in...
Anfield seeks approval to restart Colorado uranium and vanadium mine
Anfield Energy said on Wednesday it has applied for state approval to restart its past-producing JD-8 uranium and vanadium mine in Colorado, positioning the company to restart production in the...
Argosy inks lithium spot sales deal with China’s Chengdu Chemphys Industry
Argosy Minerals has signed a spot sales contract with China’s Chengdu Chemphys Industry for 16.1 tonnes of lithium carbonate produced from its Rincon project in Argentina, the Australian miner said...
Liontown jumps after first spodumene auction lands well above spot prices
Liontown Resources said on Thursday its first online auction for spodumene concentrate from its flagship Kathleen Valley project fetched a price far above prevailing spot levels. Prices for...
Glencore cuts Century Aluminum stake to 33% after tariff-driven rally
Glencore has cut its stake in Century Aluminum by 10% to 33%, raking in millions following a share price rally triggered by US tariffs on aluminium imports and a profit bonanza for local aluminium...
EU industry chief says raw materials recycling is solution to China dependency
EU industry chief Stephane Sejourne said on Wednesday that recycling is likely the solution to reducing the bloc's dependency on critical raw materials imports from China. Under the Critical Raw...
Iron-ore hits over two-week high on firm China demand and lower supply
Iron-ore futures prices rose on Wednesday to their highest in more than two weeks, helped by firm demand in top consumer China and falling domestic supply. The most-traded January iron ore...
SQM quarterly profit rises as lithium prices rebound
Chilean lithium producer SQM on Tuesday reported a rise in third-quarter net profit, helped by an improved pricing environment that lifted average lithium prices for the first time in two years....
Elliott builds stake in Barrick Mining, source says
Activist investor Elliott Investment Management has built a significant stake in Barrick Mining, a source familiar with the matter said on Tuesday. Barrick has faced a challenging year, including...
After deadly accident, Freeport aims to restart Grasberg copper production by July
Freeport-McMoRan said on Tuesday it plans to restore production at Indonesia's Grasberg copper and gold mine by July after a fatal incident forced operations to halt two months ago. Seven workers...
Rare earth magnet startup Vulcan Elements to build $1bn North Carolina plant
Vulcan Elements, a North Carolina-based rare earth magnet producer, said on Tuesday it will build a $1-billion manufacturing facility in its home state to supply US electronics and military...
Harmony Gold considers Papua New Guinea copper venture with Newmont
South Africa's Harmony Gold is evaluating a substantial copper venture in Papua New Guinea in partnership with US mining giant Newmont, chairman Patrice Motsepe said on Tuesday. "There's a huge...
Goldman Sachs sees continued central bank gold buying in November
Central banks likely bought large amounts of gold in November in a multi-year trend to diversify reserves to hedge geopolitical and financial risks, Goldman Sachs said on Monday. The Wall Street...
EU's EIB to work with Australian government on critical raw materials
The EU's European Investment Bank and the Australian government said in a joint statement on Monday they would deepen cooperation on critical raw materials, as Western powers scramble to cut their...
Viridis secures Canadian financing interest for rare earths project
Australia's Viridis Mining and Minerals said on Tuesday it received a letter of interest from Export Development Canada for up to $100-million in debt financing for its Colossus rare earths project...
Indonesia coal power phase-out plan at risk due to stalled international funding
Indonesia's plan to retire 6.7 gigawatts of coal-fired power plant capacity by 2030 to fight climate change is at risk of failure due to stalled disbursal of funding from rich countries, the...
Congo extends ban on trade in minerals from sites in war-hit east
The Democratic Republic of Congo has extended for six months a ban on the trading of minerals from dozens of artisanal mining sites in conflict-hit North and South Kivu provinces, the mines...
Lithium surges in China after Ganfeng chairman predicts 2026 demand boom
China's lithium price surged on Monday after the chairman of major Chinese producer Ganfeng Lithium Group forecast demand growth of 30% or even 40% for the battery metal in 2026. The most-traded...
Around 30 people killed in Congo copper mine incident, officials say
Around 30 people were killed at a semi-industrial copper mine in southeastern Congo on Saturday after a bridge collapsed, the country's artisanal mining agency said. An agency official told Reuters...
Syrah, Tesla to further extend graphite supply deal deadline
Australia's Syrah Resources said on Monday that it had agreed with Tesla to extend the deadline to tackle an alleged default of their graphite supply agreement for the second time in two months as...
China rare earths deal will 'hopefully' be done by Thanksgiving, Bessent says
A rare earths deal between the US and China will "hopefully" be done by Thanksgiving, Treasury Secretary Scott Bessent said in remarks that aired on Sunday. Bessent's comments follow a framework...
Barrick Mining considers splitting into two entities, sources say
The board of Canada's Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa and Asia, four sources...
Ghana scraps tax on minerals exploration to boost investment
Ghana will abolish value-added tax on mineral exploration and reconnaissance to boost investment in its mining sector, its finance minister said, as Africa’s top bullion producer seeks to reverse...
BHP liable for 2015 Brazil dam collapse, UK court rules in mammoth lawsuit
BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London's High Court ruled on Friday, in a lawsuit the claimants' lawyers previously valued at up to 36-billion pounds...
China's coal output fell 2.3% year-on-year in October
China's coal output fell 2.3% year-on-year in October, official data showed on Friday, reflecting production restrictions designed to support prices. October output was 406.75-million metric tons....
Trump administration revokes Biden-era limits on Alaska oil drilling
The Trump administration on Thursday finalised its rollback of Biden-era limits on oil and gas drilling in an Alaska area that is the nation's largest tract of undisturbed public land. The move is...
Congo produces first 1 000 t of traceable artisanal cobalt
The State cobalt agency in Democratic Republic of Congo has produced its first 1,000 metric tons of traceable artisanal cobalt, a key step in formalizing the sector in a country that supplies much...
China's copper exports boom on rising arbitrage, supply
Chinese copper exports are on pace to set a record in 2025, with October shipments set to exceed 100 000 metric tons for only the third time ever, as rising domestic supply and higher foreign...
US House report accuses China of minerals market interference
China for decades has sought to manipulate global critical minerals prices, using its control as an economic weapon to expand its manufacturing sector and its geopolitical influence, a US House of...
CEO of Australia's PLS says government support could boost lithium supply chains
Global supply chains for lithium could benefit from collaboration among governments but any intervention on prices would need to be handled carefully, Dale Henderson, CEO of Australian lithium...
Iron-ore gains as China stimulus hopes dominate
Iron-ore futures gained on Wednesday, as hopes of fresh stimulus from top consumer China outweighed concerns over a gloomy outlook stemming from growing supply and diminishing demand. The...
MinRes inks $765m deal with Posco for lithium JV stake, shares surge
Australia's Mineral Resources said on Wednesday it would sell a 30% stake in part of its lithium business to South Korea's Posco for $765-million as it seeks to cut debt and repair its balance...
Guinea to fast-track alumina, iron-ore processing, mines minister says
Guinea will fast-track the development of alumina refineries and iron-ore pellet plants to end decades of raw ore exports, its mines minister told reporters, as the country prepares for the first...
Botswana taking steps to acquire majority stake in De Beers, President says
Botswana is working on acquiring a majority stake in De Beers, President Duma Boko said on Monday, after Angola announced a rival bid to control the giant diamond company. Botswana, which owns 15%...
Australia watchdog sues AVZ Minerals over Congo disclosure breaches
Australia's corporate regulator said on Tuesday it has sued AVZ Minerals and two of its directors, alleging the miner failed to disclose an escalating legal dispute with the Democratic Republic of...
Vale gearing up to meet Indian demand as China steel output stagnates, CEO says
Brazilian miner Vale is preparing to meet rising iron ore demand from India, which could double its steel production by the end of the decade, CEO Gustavo Pimenta told Reuters. Rising sales to...
Aluminium premium hits record in US on tariffs, global squeeze
Premiums for consumers buying aluminium on the physical market in the US have hit record highs, driven by steep import tariffs and tight supplies globally. President Donald Trump doubled tariffs...
China grants conditional approval for Codelco-SQM lithium joint venture
China's market regulator said on Monday that it granted conditional approval for a lithium-related joint venture between Chile's state-run copper giant-Codelco and local lithium producer SQM. The...
Why coal still clings on in renewable energy powerhouse Brazil
One of Brazil's last coal plants roared back to life in July after a powerful business group invested millions to keep its turbines turning in the southern mining town of Candiota. The plant's...
Japan's Marubeni to invest in Australian critical minerals project
Japan's Marubeni said on Monday it will invest in a mineral sands project of Australia's RZ Resources, following in the footsteps of compatriot JX Advanced Metals which struck a similar deal with...
China halts ban on gallium, germanium, antimony exports to US, but controls remain
China has suspended a ban on exports of gallium, germanium and antimony to the US, its commerce ministry said on Sunday, although the three metals remain subject to broader export controls...
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