Alleged $600 million nickel fraudster can’t pay his billsPrateek Gupta was last year accused by commodities giant Trafigura Group of orchestrating a massive fraud against it.Bloomberg News | March 19, 2024 | 10:51 am
MineHub expands partnership with Sumitomo by adding refined copper tradingThe Japanese trading house expects to integrate its refined copper…Staff Writer | March 19, 2024 | 7:59 am
Indonesia issues nickel production quotas for 152.62mtIn 2023, Indonesia produced 193.5 million tonnes of nickel ore.Reuters | March 19, 2024 | 5:55 am
Craze for anything EV sends steelmaker on $18 billion ride The world’s third-biggest steel firm has seen its shares fall almost 8% in August after a surge in July. Bloomberg News | August 3, 2023 | 9:56 pm
Tin price rises on confirmation of mining ban in Myanmar The Wa region is estimated to have accounted for over 70% of Myanmar's tin production in 2022. Reuters | August 3, 2023 | 6:56 am
Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment. Reuters | August 3, 2023 | 6:47 am
Global copper smelting ticked higher in July, but China slid Apart from Asia and Oceania, all other regions outside China recorded increasing levels of activity. Reuters | August 3, 2023 | 6:12 am
Myanmar tin ban in Wa region may cut China’s smelter output in H2 China sources over half of its import needs in tin concentrate from Myanmar. Reuters | August 3, 2023 | 5:51 am
Canadian deep-sea miner TMC to seek licence in 2024 The Metals Company is ready to apply for a mining licence next year, with production expected as early as the fourth quarter of 2025. Cecilia Jamasmie | August 3, 2023 | 5:15 am
Almonty advances Sangdong tungsten mine in South Korea Engineering and civil works are advancing and detailed plans for the crusher and stockpile were completed. Staff Writer | August 2, 2023 | 10:40 am
Nornickel makes Asia pivot as metals price drop hits H1 profits Net profit dropped from $5.1 billion to $1.1 billion in the first six months of the year. Reuters | August 2, 2023 | 7:25 am
World battles to loosen China’s grip on vital rare earths for clean energy transition Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. Reuters | August 2, 2023 | 7:18 am