Rio Tinto and Glencore spoke for months about deal that was once taboo

The news of Glencore and Rio’s discussions “has turned up the temperature on an already simmering M&A environment,” RBC Capital Markets analyst says.

Bloomberg News | January 17, 2025 | 2:40 pm

Aluminum set for best week in three months on China demand hopes

Data released Friday showed China’s gross domestic product in 2024 expanded 5%.

Bloomberg News | January 17, 2025 | 7:41 am

China ramping up grid spending after green power supply boom

Faster grid expansion is going to accelerate demand for copper, said Wei Lai, deputy trading head at Zijin Mining Investment Shanghai Co.

Bloomberg News | January 16, 2025 | 1:49 pm

Greek Metlen expands alumina output to extract critical mineral gallium

The company plans to launch gallium production in 2027 and eventually produce 50 tons a year.

Reuters | January 16, 2025 | 9:06 am

Value of 50 biggest mining companies drops by $126 billion

The world’s biggest miners are now worth $1.35 trillion after losing a combined $126 billion over the course of 2024 as the copper rally faded and gold stocks once again underperformed bullion.

Frik Els | January 15, 2025 | 11:25 am

Aluminum price rallies with possible EU ban on Russian supplies

Kremlin says EU sanctions on Russian aluminum would risk destabilizing a ‘fragile’ global market.

Bloomberg News | January 15, 2025 | 7:10 am

US copper, platinum prices roiled as traders weigh risk of tariffs

Metals including copper, silver and platinum have seen a sharp price dislocation between London and New York.

Bloomberg News | January 15, 2025 | 7:06 am

Kremlin says EU sanctions on Russian aluminum would risk destabilizing a ‘fragile’ global market

Reuters reported that the EU intends to propose a ban on imports of Russian primary aluminum.

Reuters | January 15, 2025 | 6:53 am

Biden signs executive order to power-up AI infrastructure

The push for data centre storage power is set to boost mining for energy transition metals such as silver for solar panels, copper for wiring, and lithium, cobalt, manganese, iron, nickel and vanadium for batteries.

Trish Saywell | January 14, 2025 | 3:12 pm

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Trump’s tariffs could redirect metal flows, Alcoa CEO says

Column: Global aluminum market faces a year of trade turbulence

Glencore open to deals as investors brace for more mining M&A

Australian government pledges $1.24 billion in green aluminum push

South32 beats manganese output estimates as Australian operations restart

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