Asia Top Stories

Senators raise concerns over Nippon Steel’s China ties amid US Steel takeover bid

Democrat Sherrod Brown has urged President Biden to investigate Nippon Steel’s business dealings in China, according to the Financial Times.

Staff Writer | April 2, 2024 | 9:17 am

Hyundai Motor ends Indonesia aluminum deal after climate campaign by K-pop fans

The South Korean automaker signed a memorandum of understanding with…

Reuters | April 2, 2024 | 5:10 am

Indonesian coal miner Harum Energy buys stake in nickel plant

The miner acquired 51% of PT Blue Sparking Energy by…

Bloomberg News | April 1, 2024 | 7:47 pm

Vale Indonesia targets 2024 output of about 70,800 metric tons nickel in matte

Meanwhile, it is still awaiting a new special mining permit…

Reuters | April 1, 2024 | 4:26 am

Mitsubishi Materials sees H1 copper output up 1.8% y/y

The Japanese copper smelter said it planned to produce 224,094…

Reuters | April 1, 2024 | 4:02 am

Indonesia approves Freeport’s mining quota for 2024-2026

Indonesia last year changed mining production plans from annual to valid for three years.

Reuters | January 16, 2024 | 10:03 am

Indonesia says ‘strong indication’ of safety procedure violation in nickel fire

Fire at nickel smelter on Sulawesi island killed 21 workers.

Reuters | January 16, 2024 | 8:08 am

Most cobalt producers loss-making after 2023 price slump, says ERG

Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop.

Reuters | January 16, 2024 | 7:55 am

At Saudi Arabia forum, buzz word is partnership

Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.

Colin McClelland | January 16, 2024 | 6:41 am

Royal Road JV wins bid for Saudi exploration licence

The JV has committed to minimum expenditure of $5.5 million over the first five years.

Staff Writer | January 15, 2024 | 11:29 am

Ma’aden, Hexagon partner to launch Middle East’s first digital mine

Hexagon’s life-of-mine technology solutions will be deployed at the Mansoura Massarah gold mine.

Staff Writer | January 15, 2024 | 9:06 am

India’s state-owned KABIL signs $24 million lithium exploration deal in Argentina

India has been pursuing overseas pacts to secure key minerals in resource-rich countries such as Australia, Argentina and Chile.

Reuters | January 15, 2024 | 6:47 am

Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project

The South Korean battery maker can acquire a 10% equity interest in the Crawford project for $100.5 million.

Staff Writer | January 12, 2024 | 9:39 am

Uranium price jumps to 15-year high as top miner flags shortfall

Kazatomprom said shortages of sulfuric acid and construction delays may result in missed production targets for the next two years.

Cecilia Jamasmie | January 12, 2024 | 5:53 am

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