Brazil’s Gerdau buys out Sumitomo Corp and JSW in Gerdau SummitThe transaction is expected to close in early 2025.Reuters | November 21, 2024 | 7:22 am
Tycoon Adani charged by US over alleged $250 million bribe plotThe billionaire was charged with participating in a scheme that…Bloomberg News | November 20, 2024 | 1:47 pm
Graphjet opens world’s first commercial-scale green graphite facility in MalaysiaThe new facility has the capacity to recycle up to…Staff Writer | November 19, 2024 | 4:04 pm
Gold price rally cripples physical demand in key markets Analysts hope that another crucial category of demand, physically backed gold exchange-traded funds, will see more activity in coming months. Reuters | October 1, 2024 | 9:22 am
Firms substituting cheaper aluminum for copper, trend growing Currently, the price of copper is 3.8 times that of aluminum. Reuters | October 1, 2024 | 6:43 am
Tsingshan cuts Indonesian nickel output due to tight ore supplies Delays to issuing quotas has slowed the rapid expansion of nickel production in the world's top producer of the metal. Reuters | September 30, 2024 | 7:39 am
Elevated alumina prices to feed on China aluminum producer profits China's aluminum producers have made rising profits due to elevated prices of the metal. Reuters | September 30, 2024 | 7:35 am
India, US likely to sign pact on critical minerals India-US bilateral trade in 2023-24 was about $120 billion, a record high. Reuters | September 30, 2024 | 7:21 am
Alchemy Resources signs lithium partnership with Japan’s JOGMEC The Japanese government agency can earn up to 51% of the company's Roe Hills tenure in Western Australia. Reuters | September 29, 2024 | 4:58 pm
The mavericks of metals are back, rocking a $15 trillion market Despite its significance as the marketplace where global benchmarks for aluminum, copper and nickel are set, the LME and its warehouse system regularly turn into a playground for traders. Bloomberg News | September 29, 2024 | 9:30 am
Major copper discoveries scarce as industry shuns greenfield exploration — report Only 14 of the 239 major deposits since 1990 were from the past decade, according to S&P Global. Staff Writer | September 29, 2024 | 9:08 am
India’s iron ore production jumps by 7.4% in April-August Iron ore accounts for 70% of the total mineral production by value in India. Reuters | September 28, 2024 | 4:24 pm