Korea Zinc to decide on disputed $1.8 billion share plan as pressure risesThe world’s largest zinc smelter has been caught up for months in a fight between its largest shareholders over strategy and direction.Bloomberg News | November 12, 2024 | 4:51 pm
Adaro eyes $291 million from unit IPO to spin off coal armAdaro is spinning off the coal mining unit valued at…Bloomberg News | November 12, 2024 | 8:44 am
Hindalco beats Q2 profit view on higher aluminum pricesThe benchmark aluminum and copper prices on the LME rose…Reuters | November 11, 2024 | 9:18 am
At least 38 dead in Iran coal mine blast The accident was caused by a methane gas explosion in two blocks of a mine run by the Madanjoo company. Reuters | September 23, 2024 | 7:54 am
Indonesia President inaugurates production of Freeport Indonesia’s copper smelter The new $3.7 billion smelter has annual input capacity of 1.7 million metric tons of copper concentrate. Reuters | September 23, 2024 | 7:14 am
Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal Nippon Steel plans to sell at least 30 billion yen in assets including real estate and inventories. Reuters | September 20, 2024 | 7:33 am
US to award $3 billion to 25 projects for battery manufacturing sector Move will increase domestic production of advanced batteries and battery materials to shift their production away from China. Reuters | September 20, 2024 | 5:07 am
FATF asks for tighter checks on India’s precious metal deals The South Asian nation has about 175,000 businesses in this sector, but only some 9,500 are registered. Bloomberg News | September 19, 2024 | 8:56 am
Korea Zinc shares surge on speculation MBK to sweeten offer MBK is North Asia’s biggest private equity firm with $30 billion under management. Bloomberg News | September 19, 2024 | 8:39 am
Saudi Arabia targets control of Alba to bolster metals ambitions Ma'aden announced a series of deals this week involving Aluminium Bahrain. Bloomberg News | September 19, 2024 | 6:59 am
Swiss August gold exports show no supplies to China, for first time in 3-1/2 years Swiss August total gold exports fell to the lowest since June. Reuters | September 19, 2024 | 6:50 am
Coal India eyeing Argentina, Chile for critical minerals India has been exploring ways to secure supplies of lithium. Reuters | September 18, 2024 | 7:01 am