China cobalt buyers use global glut to challenge pricing

Saudi Arabia is seeking to take minority stakes in global mining assets that will over time help provide access to supplies of strategic minerals.

Glencore is close to finalizing a deal to acquire Pan American Silver Corp.’s 56% stake in the Mara copper project.

Chile's state miner posted a copper output of 633,000 metric tons over January to June, down 14% from a year earlier.

The London Metal Exchange is coming under renewed pressure to exclude Russian aluminum from its warehouse system.

Analysts have pared price forecasts for the metal as supply expands while demand in China remains muted.

The lithium industry in Africa's top producer has rapidly expanded, buoyed by about $1 billion of investments during the past two years by Chinese companies.

Minister Madeleine King said the government would prioritise support for critical minerals projects that underpin key technologies such as battery chemicals.

Chinese consumer confidence has been decimated by years of virus lockdowns and delays on new-build properties.

Alaska said the restrictions violate the state’s sovereign right to regulate its lands and waters.