Shanghai exchange to work on nickel futures internationalization The Shanghai exchange will look to take advantage of restructuring in the global nickel pricing system, its deputy general manager said. Reuters | April 2, 2024 | 7:04 am
Hyundai Motor ends Indonesia aluminum deal after climate campaign by K-pop fans The South Korean automaker signed a memorandum of understanding with Adaro Minerals in 2022. Reuters | April 2, 2024 | 5:10 am
Russia halts rescue operation for 13 trapped miners The miners were trapped by a rock fall at the Pioneer gold mine. Reuters | April 1, 2024 | 7:45 am
Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte Meanwhile, it is still awaiting a new special mining permit for its operations beyond 2025. Reuters | April 1, 2024 | 4:26 am
Mitsubishi Materials sees H1 copper output up 1.8% y/y The Japanese copper smelter said it planned to produce 224,094 tonnes of refined copper in the first half. Reuters | April 1, 2024 | 4:02 am
Mitsui Mining sees H1 zinc output rising 0.9% y/y The Japanese company plans to produce 104,600 tonnes of refined zinc in the first half. Reuters | April 1, 2024 | 3:42 am
Austria’s RHI Magnesita to buy US-based alumina producer Resco The combined company would have 15 production sites across the United States, Canada and Mexico. Reuters | April 1, 2024 | 3:34 am
Nippon Steel emphasizes its ‘deep roots’ in the US as it pursues US Steel deal The Japanese firm has agreed to buy US Steel for roughly $15 billion but the deal faces an uphill battle for approval in a US election year. Reuters | March 31, 2024 | 10:56 am
Nornickel says some EU clients refuse to buy products made of Russian metal Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials. Reuters | March 30, 2024 | 1:38 pm
Canada’s mild winter disrupts key ice road to remote Arctic diamond mines The delay underscores the challenges that companies face as Canada's diamond mines come to the end of their productive lives. Reuters | March 30, 2024 | 1:28 pm
Shanghai copper heads for biggest monthly gain in 16 months The most-traded May copper contract has gained nearly 5% so far this month. Reuters | March 29, 2024 | 6:58 am
First Quantum execs discuss investment, disputed copper with Chinese officials The talks included topics such as the potential for state-run Jiangxi Copper to gain influence on First Quantum's board decisions. Reuters | March 29, 2024 | 6:39 am