Vale CEO says he has never been so optimistic about the company’s future Vale on Thursday reported a third quarter net profit decline but still landed above market forecasts. Reuters | October 27, 2023 | 8:33 am
LME says China’s Guangxi CNGR applies for new nickel listing The exchange has so far approved one new Chinese brand and received an application from another Chinese producer. Reuters | October 27, 2023 | 7:35 am
BHP Australia iron ore rail workers approve industrial action plans The work stoppages could impact its operations at the world's largest iron ore export hub at Port Hedland. Reuters | October 27, 2023 | 7:20 am
Indonesia’s high-grade nickel ore reserves may be depleted in 6 years Indonesia's high-grade 1.7% nickel ore is mainly used for the country's nickel pig iron (NPI) production. Reuters | October 27, 2023 | 7:16 am
Pre-tax profit for Codelco down 65% this year through Sept Chile’s Codelco, the world’s largest copper producer, on Thursday posted a 65% drop in its pre-tax profit for the first nine months […] Reuters | October 26, 2023 | 3:42 pm
Vale’s third-quarter profit slips but beats expectations The company reported a 36% year-on-year decline in third-quarter net profit, landing above analyst estimates. Reuters | October 26, 2023 | 2:56 pm
Vietnam arrests rare earth industry officials, casting shadow over plans to rival China Vietnam's government is planning to auction new mining concessions for rare earths later this year. Reuters | October 26, 2023 | 2:21 pm
Vale to pay out $2 billion to shareholders, launch buyback program The company will pay 2.33 reais per common share in dividends and interest on capital on Dec. 1. Reuters | October 26, 2023 | 1:38 pm
Syrah expects more graphite buys ahead of China export ban China will require export permits as of Dec. 1 for some graphite products. Reuters | October 26, 2023 | 7:07 am
Eramet cuts Indonesia nickel ore target on permit delay Eramet expects Weda Bay to produce 30 million wet metric tons in 2023, down 5 million tons from its previous outlook. Reuters | October 26, 2023 | 7:00 am
Indonesia export plan to upset Freeport’s mined copper benchmark To comply with Indonesia's push to process concentrate locally into metal, Freeport is building the Manyar smelter which is due to be completed by May next year. Reuters | October 26, 2023 | 6:55 am
Newmont misses profit estimates, Penasquito return underway Miner is struggling with weak production after a strike at its Peñasquito mine had shuttered operations since June. Reuters | October 26, 2023 | 6:49 am