Asia Top Stories

White House: decision to block Nippon-US Steel deal was about keeping critical business in American hands

Biden's decision to block the sale of US Steel was not about slighting Japan, it said.

Reuters | January 3, 2025 | 9:23 am

Nippon Steel to sue US government over blocked US Steel deal

US President Joe Biden has blocked the $14.1 billion sale.

Staff Writer | January 3, 2025 | 8:38 am

Indonesia reviews nickel ore mining quota to steady prices

Indonesia last year approved annual nickel ore mining quotas of…

Reuters | January 3, 2025 | 7:20 am

Freeport Indonesia in talks with government on copper concentrate exports

Freeport's Manyar smelter is currently shut down after a fire…

Reuters | January 3, 2025 | 7:16 am

Indonesian prosecutors name five tin mining firms accused of illegal mining

The companies allegedly colluded with former executives at PT Timah…

Reuters | January 2, 2025 | 11:08 am

Satellite data analysis shows copper smelting activity surged in November

Global copper smelting last month reached its highest level since February.

Henry Lazenby - The Northern Miner | December 11, 2024 | 2:25 pm

Nippon Steel makes final push to win over US workers

Nippon clarified its spending plans at US mills owned by United States Steel Corp. as part of last-ditch efforts.

Bloomberg News | December 9, 2024 | 5:30 pm

Newmont cuts management jobs in major corporate restructuring

The world’s top gold mining company initiated plans to dismiss one executive and at least 10 senior managers, Bloomberg sources said.

Bloomberg News | December 9, 2024 | 10:56 am

Freeport’s copper concentrate exports will only temporarily ease global shortages

A fire at PT Freeport Indonesia's Manyar smelter halted operations in October.

Reuters | December 9, 2024 | 6:49 am

Rattled by China, West scrambles to rejig critical minerals supply chains

China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts.

Reuters | December 6, 2024 | 10:32 am

Adani smelter expansion will cut India’s refined copper imports, government says

Kutch Copper has already started operations and is expected to reach full capacity by February-March next year.

Reuters | December 6, 2024 | 7:04 am

Budget allocated to grassroots exploration at all-time low – S&P Global

S&P analyst says explorers are transitioning to a more risk-averse stance, with increased focus on existing mines.

Staff Writer | December 5, 2024 | 2:51 pm

Coal miner jumps by limit in biggest Indonesian IPO of 2024

Shares of PT Adaro Andalan Indonesia gained 20% in their first day of trading.

Bloomberg News | December 5, 2024 | 7:01 am

Nippon Steel committed to US Steel takeover, aims to close in December

The transaction has faced stiff resistance from politicians and the United Steelworkers (USW).

Reuters | December 4, 2024 | 11:22 am

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