Dalian iron ore rebounds on fresh China stimulus hopes, seasonal steel demand

Dalian iron ore futures prices rebounded on Thursday, buoyed by hopes of more fiscal stimulus from top consumer China and firmer seasonal demand for steel products.

Reuters | October 9, 2024 | 10:58 pm

Rusal to consider share buyback of up to $155 million

The number and repurchase price of the shares have not been determined yet.

Reuters | October 9, 2024 | 9:42 am

Column: Zinc facing supply deficit as mine output falls again

A previously anticipated supply surplus of 56,000 tonnes has been updated to a 164,000-tonnes supply deficit.

Reuters | October 9, 2024 | 8:04 am

Ranking the world’s top lithium producers

Acquiring Arcadium makes Rio Tinto one of the world's largest lithium producers.

Reuters | October 9, 2024 | 7:22 am

Sumitomo Metal forecasts widening global nickel supply surplus in 2025

According to the company, a larger surplus next year will be driven by continued production expansion in Indonesia.

Reuters | October 9, 2024 | 7:12 am

Festive hopes fade for India’s gold industry after price surge

A rebound in gold prices to a record peak has dashed the Indian bullion industry's expectations of a lucrative festival season after their hopes were boosted by a deep cut in import duty two months ago to the lowest in a decade.

Reuters | October 9, 2024 | 3:03 am

Zijin Mining buys Newmont’s Ghana gold project for $1 billion

Underground operations are expected to begin from 2028, extending the mine’s life to 2042 and delivering about 186,00 ounces of gold a year.

Reuters | October 8, 2024 | 10:59 pm

Vale swaps head of iron ore business

Rogerio Nogueira, Vale's current director of product and business development, was appointed to fill the role on an interim basis.

Reuters | October 8, 2024 | 2:12 pm

UK fraud watchdog settles case brought by ENRC for ‘leaks’ during investigation

The Kazakh mining group accused Britain's Serious Fraud Office of leaking information about a corruption probe to journalists.

Reuters | October 8, 2024 | 11:11 am

Arcadium’s vast lithium portfolio lures Rio at the right time

So far the market is working in Rio's favor, as plunging lithium prices since January have stymied Arcadium's growth plans.

Reuters | October 8, 2024 | 10:22 am

Japan’s JX Advanced Metals files IPO application in Tokyo

The metal company, which retains a 30% stake in Caserones, plans to remain in mining and smelting to secure essential metals.

Reuters | October 8, 2024 | 9:23 am

Hindustan Zinc aims to switch to renewable energy in five-seven years

More than 90% of the company's emissions come from thermal energy.

Reuters | October 8, 2024 | 9:13 am

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