China sets up Beijing-backed lithium group to tap salt lakes

Minmetals Corp. will take control of a province-backed lithium company in a bid to speed development of a “world-class” industry extracting the battery material.

Bloomberg News | September 9, 2024 | 6:54 am

US Steel assets face chopping block without Japan deal

United States Steel Corp. faces the prospect of being broken apart and sold in parts if Nippon Steel Corp.’s $14.1 billion takeover fails.

Bloomberg News | September 6, 2024 | 10:00 am

Gold price declines as US jobs data fuels debate on rate cut size

Fed officials have said they’re now more concerned about risks to the labor market than about inflation.

Bloomberg News | September 6, 2024 | 9:38 am

China lodges WTO complaint over Canada’s EV and metal tariffs

Canada announced last week it would impose 100% tariffs on Chinese-made EVs effective October 1.

Bloomberg News | September 6, 2024 | 7:05 am

Iron ore price flicks higher from lowest close in nearly two years

The flick higher on Friday ends five days of losses amid torrid conditions in China’s steel market.

Bloomberg News | September 6, 2024 | 6:57 am

Citi says US election risk to contain metals prices for now

Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says.

Bloomberg News | September 6, 2024 | 3:02 am

Gold price holds gain as rate cut hopes rise before US payrolls data

Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021.

Bloomberg News | September 5, 2024 | 5:14 pm

Chinese lithium producers embrace hedging to manage volatility

Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season.

Bloomberg News | September 5, 2024 | 10:20 am

Iron ore price sinks as steel group warns of ‘flash in a pan’ recovery

Iron ore slumped to its lowest level since 2022 and traded near $90 a ton.

Bloomberg News | September 5, 2024 | 9:26 am

Indonesia sees nickel price holding near current levels on new plants

An additional 928,000 tons a year of capacity is set to come online within the next three years.

Bloomberg News | September 5, 2024 | 7:54 am

Yukon gold mine disaster sparks fears of soaring taxpayer bill

The sudden collapse of Victoria Gold’s Eagle Mine is part of a long and ugly history in northern Canada.

Bloomberg News | September 5, 2024 | 7:49 am

Carlyle’s Currie sees copper price capped at $9,500 on China demand

The red metal has fallen 19% from May’s all-time high of $11,104.50, pressured by bloated inventories and signs that consumption in China is soft.

Bloomberg News | September 4, 2024 | 9:42 am

• First
• 16
• 17
• 18
• 19
• 20
• 21
• 22
• Last