Cleveland-Cliffs teams up with Nucor in potential US Steel bid – report Development follows the Biden Administration's decision to block Japan's Nippon Steel from taking over US Steel. Staff Writer | January 13, 2025 | 8:30 am
Saudi Arabia plans to enrich and sell uranium, energy minister says Saudi Arabia has a nascent nuclear program that it wants to expand to eventually include uranium enrichment. Reuters | January 13, 2025 | 6:59 am
Maaden, Bahrain’s Alba end aluminum deal talks Alba’s stock dropped as much as 10% in Bahrain trading, the most since September 2022. Bloomberg News | January 13, 2025 | 6:46 am
Malaysia clamps anti-dumping duties on iron, steel from four nations The duties range from 2.52% to 36.80%. Reuters | January 13, 2025 | 6:37 am
Mosaic to sell Brazilian phosphate mine in $125 million deal The US fertilizer company is selling its non-core phosphate mine in Minas Gerais state to Fosfatados Centro. Staff Writer | January 13, 2025 | 4:05 am
Mali starts seizing gold stocks at Barrick site, company memo says Barrick's Loulo-Gounkoto site has around four tonnes of gold stocked. Reuters | January 13, 2025 | 3:00 am
China’s December copper imports hit 13-month high For the whole of 2024, unwrought copper imports totalled 5.68 million tons, a year-on-year increase of 3.27%. Reuters | January 12, 2025 | 4:23 pm
China 2024 iron ore imports hit record on resilient demand, steel exports The world's largest iron ore consumer brought in a total of about 1.24 billion metric tons last year. Reuters | January 12, 2025 | 4:18 pm
Despite Nippon Steel, US and Japan say ties stronger than ever Analysts say that while the blocked deal could have a chilling effect on Japanese investment into the US, any damage to their wider relationship will probably be limited. Reuters | January 12, 2025 | 10:49 am
