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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...
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...
Newmont's restructuring impacts 16% of jobs in the company, memo shows
Newmont's restructuring following the acquisition of Australian miner Newcrest has impacted 16% of the company's workforce, according to an internal memo to staff seen by Reuters. The reductions...
Congo suspends activities at Chinese mine after spill
The Democratic Republic of Congo has suspended activities at a Chinese-operated mining site in the south of the resource-rich country after a spill, mines minister Louis Watum Kabamba said late on...
Freeport Indonesia says investigation concluded on Grasberg incident
Freeport Indonesia said on Friday that an investigation into a mud flow that killed seven workers at its Grasberg copper and gold mine has ended and the company has received improvement...
Botswana and Angola hold talks as both seek control of De Beers
The mining ministers of Botswana and Angola held talks in Botswana's capital on Friday on cooperation in the diamond sector, as the two Southern African countries seek to take control of Anglo...
Albemarle's cost cuts, steady volumes fuel smaller loss amid weak lithium prices
Albemarle reported a smaller-than-expected loss for the third quarter on Wednesday, as the lithium producer's tight leash on costs and resilient sales volumes softened the squeeze from persistently...
Nutrien tops profit estimates, launches review of phosphate business
Nutrien beat analysts' expectations for third-quarter profit on Wednesday, and said it would initiate a review of strategic alternatives for its phosphate business. US-listed shares of the...
Can Africa ride critical minerals wave to economic boom?
As global powers scramble for critical minerals, African countries are pushing for new investment to process more of their own raw materials and meet their people's demands for economic growth and...
Codelco cuts copper output guidance for 2025
Chile's Codelco, the world's largest copper producer, cut on Tuesday its forecast for 2025 output, despite higher production in the year's first nine months through September. The state-owned...
Putin orders road map for Russian rare earths extraction
Russian President Vladimir Putin on Tuesday ordered the Russian cabinet to draw up by December 1 a road map for the extraction of rare earth minerals. In a list of tasks for ministers published on...
TechMet to add to portfolio, fears Europe losing battle for critical minerals
The CEO of US-backed investment vehicle TechMet is evaluating portfolio additions, including bidding for a Ukraine lithium deposit, but worries that Europe is lagging behind the US in building a...
China cuts gold tax exemption as state bank stops gold product enrollments
A Chinese state bank closed retail gold accounts to new investors on Monday, two days after Beijing tweaked a long-standing tax exemption for the metalthat is likely to hit retail demand in the...
Resource disputes between investors and states hit ten-year high
Disagreements between governments and investors over resources are at a ten-year high, law firm DLA Piper said, driven by resource nationalism and growing competition between the US and China for...
Vale likely to announce extraordinary dividends soon, CFO says
Vale is likely to announce extraordinary dividends in the coming months, CFO Marcelo Bacci said during a call with analysts on Friday, following the release of the Brazilian miner's third-quarter...
Angola says national budget will not fund Endiama's De Beers bid
Angola will not fund state-owned miner Endiama's proposed acquisition of a stake in De Beers through the national budget, Finance Minister Vera Daves de Sousa said on Friday. Endiama has bid for a...
Trump administration announces $100m in funding to upgrade coal plants
The US Department of Energy on Friday announced that it would make $100-million available to refurbish and modernize existing coal-fired power plants. The move is part of the Trump...
Angola diamond production totals 10.7Mct in January-September
Angola's rough diamond production reached 10.7-million carats in the nine months to September, a government official said on Friday, as the country targets another record haul this year. The...
Newmont CEO says Ghana's fiscal stability key as $900m gold mine opens
Fiscal stability and fair tax and royalty systems are vital if countries want to attract mining investment, Newmont CEO Tom Palmer told Reuters as the company opened its $900-million Ahafo North...
Hastings to negotiate offtake deal with Ucore for Yangibana project
Australia's Hastings Technology Metals said on Friday its Yangibana joint venture project in Western Australia has agreed to negotiate for a potential offtake deal with North American rare-earths...
Arkansas aims to become US lithium hub, overcoming Chinese competition, tech challenges
Arkansas faces stiff Chinese competition, sagging market prices and technological challenges as it vies to become the hub for US lithium production, obstacles that state officials and industry...
CATL taps outside suppliers for lithium ore as flagship mine stays closed
China's CATL has placed orders with external suppliers for lithium ore in November, sources say, as the battery giant seeks alternative feedstock while its flagship Jianxiawo mine is closed. A...
Vale posts net profit beat, cuts cost outlook for copper, nickel
Vale, one of the world's largest iron-ore miners, posted on Thursday a third-quarter net profit that landed above analysts' estimates, while also cutting its full-year cost projections for copper...
Mercuria, ERG agree $100m copper supply deal
Mercuria Energy Trading has agreed to provide up to $100-million in prepayments to Eurasian Resources Group under a three-year supply agreement for copper, the pair said on Thursday. Prepayments...
Sumitomo says Ambatovy nickel project unaffected by Madagascar political turmoil
Japanese trading house Sumitomo Corp said on Friday that operations at its Ambatovy nickel project in Madagascar have not been affected by recent political turmoil. Plans for the project to produce...
China lifts partial ban on iron-ore buys from Australia's Hancock, sources say
China's state buyer has allowed its steel mills to resume buying a type of iron-ore from Australia's Hancock Prospecting after barring such sales during a year-plus negotiation dispute, three...
Lynas Rare Earths says demand is strong as revenue jumps
First-quarter revenue at Australia's Lynas Rare Earths rose by 66% from a year earlier, the company said on Thursday, but missed market expectations, though it flagged strong demand from existing...
ENAMI wins environmental permit for new $1.7bn copper smelter
Chile's State-run mining company ENAMI said on Wednesday it received an environmental permit for a new $1.7-billion copper smelter, as part of the modernisation of its Hernan Videla Lira smelting...
Copper breakout above $11 000 to be short-lived, Goldman Sachs says
Current copper market fundamentals justify a price consolidation towards the top end of their $10 000 to $11 000 per metric ton forecast range, Goldman Sachs said on Thursday, while adding that any...
Mali revokes over 90 mining exploration permits for noncompliance
Mali has revoked more than 90 mining exploration permits, including those held by subsidiaries of international mining companies, according to an official decree seen by Reuters. Companies affected...
US gets rare earth reprieve from China, but not rollback
BEIJING - China has agreed to delay the introduction of its latest round of rare earth export controls as part of a deal agreed between Presidents Donald Trump and Xi Jinping, but earlier...
Trump's critical minerals adviser to meet companies in Sydney on Friday, sources say
US President Donald Trump's adviser on critical minerals is set to meet officials of about 30 critical minerals companies in Sydney on Friday, two sources familiar with the matter said, as the US...
Liberia replaces mines minister amid talks on US investments
Liberia has replaced its mining minister and top mining regulator, the office of President Joseph Boakai announced, as the West African nation and iron ore producer pursues talks with Washington on...
Coal India's Q2 profit misses view on tepid demand, lower e-auction premiums
Coal India, which accounts for about three-quarters of the country's coal output, reported a larger-that-expected 30% decline in quarterly profit on Wednesday, hurt by lower e-auction premiums and...
US official meets mining executives in Brazil to discuss rare earths, sources say
The US Charge d'Affaires in Brazil, Gabriel Escobar, held meetings with mining executives during an industry event on Tuesday to discuss rare earths, three sources familiar with the matter said....
Malaysia's ban on raw rare earths exports remains despite US deal, trade minister says
Malaysia will maintain a ban on the export of raw rare earths to protect its domestic resources, despite signing a critical minerals deal with the United States this week, the trade minister said...
Rinehart doubles stake in Arafura Rare Earths
Australia's richest person Gina Rinehart has doubled down on her holdings in Australia's Arafura Rare Earths, even as shares of the developer fell by more than a fifth of its value on Wednesday due...
Canada to work with G7 partners to secure critical mineral supply deals, Minister says
Canada will focus on securing supplies of critical minerals when it hosts its Group of Seven partners this week at a meeting of energy and environment ministers in Toronto, Natural Resources...
Grupo Mexico's Q3 profit up over 50% on strong molybdenum, silver, zinc sales
Mining and transportation conglomerate Grupo Mexico reported third-quarter net profit rose more than 50%, boosted by higher sales volumes of molybdenum, silver and zinc even as copper production...
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