US Steel, Nippon Steel receive all non-US approvals for merger

The companies expect the merger to be completed in the second half of the year.

Reuters | May 30, 2024 | 6:44 am

Mongolia defends plan to tap mining riches for new sovereign wealth fund

Mining represented 28% of Mongolia’s GDP last year and comprised 92% of all exports.

Bloomberg News | May 29, 2024 | 6:58 am

Indonesia buying record amounts of Philippine nickel ore due to quota delays

Delays by Jakarta in issuing mining quotas and heavy rains have hurt local supply.

Reuters | May 29, 2024 | 6:51 am

India imports more silver in 4 months than in all of 2023

India imported a record 4,172 metric tons of silver during January to April.

Reuters | May 29, 2024 | 6:39 am

Aluminum recycler Novelis targets up to $12.6bn valuation in US IPO

Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is the world's largest recycler of aluminum.

Reuters | May 28, 2024 | 9:25 am

Column: Rising stocks strike a dissonant note in tin’s bull party

Tin remains the strongest year-to-date base metals performer.

Reuters | May 27, 2024 | 7:46 am

Electric mining vehicle industry’s value to reach $23 billion by 2044 – report

A new IDTechEx report notes that large EV batteries and innovative fast-charging methods are driving the adoption of electric and autonomous mining vehicles.

Staff Writer | May 26, 2024 | 7:31 am

Trafigura faces off with aluminum bulls over huge metal stash

The aluminum market is caught in a clash between some of the biggest traders and banks.

Bloomberg News | May 25, 2024 | 1:02 pm

Pakistan coal miners face expansion issue as China stops funding

In 2021, China President Xi Jinping pledged to halt all coal construction and financing abroad.

Bloomberg News | May 23, 2024 | 10:49 am

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US Steel warns Nippon deal failure would put thousands of jobs at risk

Uranium market under pressure, but long-term outlook remains positive

Founder of Indonesian gold miner J Resources said to consider sale

Harris says US Steel should remain American owned

Goldman cuts copper price forecast by $5,000 as bullish bet closed

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