Anglo American’s South Africa investors open to improved BHP bid The investors, who collectively hold more than 15% of Anglo American, told FT that BHP would need to sweeten its offer. Reuters | May 9, 2024 | 2:32 pm
Savannah could request compulsory land acquisitions for Portuguese lithium project The company requires around 840 hectares for its four-mine project in the Barroso region. Reuters | May 9, 2024 | 10:44 am
BHP-Anglo American deal raises alarm in Japan’s steel industry Steelmakers have raised concerns with Australian authorities that BHP could become too dominant in the global supply of coking coal. Reuters | May 9, 2024 | 7:54 am
Nutrien beats quarterly profit estimates on robust North America demand An early start to spring planting season in the region helped fertilizer demand. Reuters | May 9, 2024 | 7:18 am
Nippon Steel sticks to plan to close US Steel deal by year-end The takeover should bring Nippon Steel's global crude steel capacity to 86 million tons per year, close to its goal of 100 million. Reuters | May 9, 2024 | 6:58 am
India considers incentives for lithium processing India is considering offering incentives to encourage private companies to set up lithium processing facilities. Reuters | May 9, 2024 | 6:54 am
Panama president-elect rules out First Quantum talks until arbitration dropped Until closure, Cobre Panama was responsible for approximately 5% of Panama's GDP. Reuters | May 9, 2024 | 6:49 am
Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey The autocatalyst maker said it expected the platinum market's deficit to increase to 598,000 ounces this year. Reuters | May 8, 2024 | 4:12 pm
Brazil court rejects requests to block $15.7 billion from Vale, BHP A substitute federal judge of a court in Minas Gerais state said the issue had already been resolved in the previous ruling. Reuters | May 8, 2024 | 1:42 pm
China’s 2024 iron ore imports similar to last year – Vale Imports by China, the world's biggest buyer, in 2024 are expected to be around 1.17 to 1.18 billion metric tons. Reuters | May 8, 2024 | 8:54 am
Lower energy prices help Aurubis’ first-half profit Group revenue for the first half of the year fell 6% to 8.25 billion euros, roughly in line with expectations. Reuters | May 8, 2024 | 7:46 am
China issues draft rules to regulate booming lithium battery expansion The rules would guide lithium battery firms to reduce manufacturing projects that 'purely' expand production capacity. Reuters | May 8, 2024 | 7:37 am