Peru copper production up 35% in May Peru has doubled down on efforts to amp up production following a May report that the Democratic Republic of Congo could nab the No. 2 spot. Reuters | July 10, 2023 | 9:09 am
Iron ore price posts worst day in 9 months on slowing steel output, weak China data Tangshan has ordered steel mills to curb output for all of July to combat worsening air quality. Reuters | July 10, 2023 | 8:34 am
Column: China flexes critical metals muscles with export curbs Export controls will be short-term disruptive to both gallium and germanium markets but Western countries should be able to adapt over time. Reuters | July 10, 2023 | 8:20 am
Move away from Russian metal saps Indian, Chinese stocks in LME system Higher percentages of on-warrant Russian aluminum in LME-registered warehouses suggest consumers and traders are avoiding Russian metal even though it is not sanctioned. Reuters | July 10, 2023 | 7:45 am
Polyus announces $6.3 billion share buyback Polyus' Moscow-listed shares surged around 15% in the minutes after the announcement. Reuters | July 10, 2023 | 7:31 am
Hudbay and Marubeni to revitalize exploration efforts in Flin Flon Following the closure of its 777 mine, the company wants to reignite exploration activities in Manitoba. Reuters | July 10, 2023 | 7:26 am
China’s CMOC resumes copper, cobalt shipments from Congo’s TFM mine Exports from the Tenke Fungurume Mining operation were halted in July 2022. Reuters | July 10, 2023 | 7:15 am
European firms look for footing in China-US spat, French execs say Eramet's CEO said China's show of force over the supply chain for key metals shouldn't come as a surprise. Reuters | July 9, 2023 | 1:37 pm
Eramet in talks with European carmakers over Argentina lithium plan – CEO Eramet is in talks with European carmakers over commercial agreements that would help the company finance its lithium production project in Argentina. Reuters | July 9, 2023 | 10:52 am
Innovation in EVs seen denting copper demand growth potential New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content. Reuters | July 7, 2023 | 11:05 am
Neo Performance starts construction of rare earth magnet plant in Estonia The company said the manufacturing facility in Narva will be near its existing rare earth separation plant in Sillamäe. Reuters | July 7, 2023 | 8:46 am
Amman Mineral makes firm debut in Indonesia’s biggest IPO this year Amman Mineral's stock opened 2.9% higher than its IPO price. Reuters | July 7, 2023 | 8:37 am