The biggest global mining news of 2023 A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades. Frik Els | December 27, 2023 | 10:01 am
Guinea Alumina Corp will let Guinea use its fuel berth after blast Despite the December 18 accident, the Guinea Alumina Corporation doesn't expect interruptions to its mining, rail and export activities. Reuters | December 27, 2023 | 9:12 am
Sumitomo names Ueno as next CEO, promising reform Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses. Reuters | December 22, 2023 | 9:15 am
Kloeckner to divest business in four European countries German metal trader Kloeckner plans to sell off parts of its European commodity distribution business to Spain's Hierros Anon. Reuters | December 22, 2023 | 8:18 am
Norsk Hydro takes $571 million hit in weak alumina market Hydro completed the sale of a 30% stake in Alunorte to Glencore Plc earlier this month. Bloomberg News | December 21, 2023 | 9:30 am
EU, US extend steel tariff detente until end-March 2025 The US quota system allows up to 3.3 million metric tons of EU steel and 384,000 tons of aluminum into the United States tariff-free. Reuters | December 19, 2023 | 7:39 am
Russia considering waiving export duties for two Rusal smelters Russia imposed export duties linked to the rouble-dollar exchange rate until the end of 2024 on a wide range of goods. Reuters | December 18, 2023 | 5:22 am
EU sets critical mineral goals, but faces struggle to hit them The Critical Raw Materials Act, due to enter force in early 2024, says the bloc should mine 10% of its annual needs by 2030. Reuters | December 18, 2023 | 5:15 am
LME faces fresh worries about Russian metal after UK sanctions Any move by the US or EU to follow the UK’s sanctions on metals trading would likely force the LME’s hand. Bloomberg News | December 15, 2023 | 12:23 pm
