Iron ore price tumbles toward $90 on weak Chinese steel outlook
The most actively traded January iron ore contract on China's Dalian Commodity Exchange hit its lowest level since August 2023.
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LME seeks to boost electronic trading, reassure physical users
The measures attempt to navigate a recurring tension between traditional physical users and the financial community which prefers electronic trading.
Russia launches major zinc concentrate plant after delays linked to fire, US sanctions
Ozernoye aims to process up to 6 million tons of zinc ore when it reaches full capacity in 2025.
US Steel warns Nippon deal failure would put thousands of jobs at risk
Vice President Kamala Harris on Monday said she wants US Steel to remain "American owned and operated."
Sovereign Metals touts “outstanding” battery-grade graphite from Malawi project
It has confirmed Kasiya's natural graphite presents a low-cost opportunity to develop lithium-ion battery supply chains outside of China.
Codelco bids $500 million for stake in key Chile copper mine
The proposal to acquire a 10% stake in the Quebrada Blanca mine from fellow state firm Enami is reportedly before the latter’s board.
Uranium market under pressure, but long-term outlook remains positive
BMO expects uranium demand to grow by 2.9% yearly through 2035, driven by China’s push to build new reactors and the potential for reactor restarts in North America.
Poland seeks to rethink, not quash coal spin-offs, minister says
The current government’s plans regarding the ownership of coal mines and polluting power plants aren’t clear.
Cerro de Pasco Resources sells Santander zinc mine in Peru
In June 2023 the operation underwent curtailment due to weak zinc prices.
