First gold poured at Canada’s newest gold mine; Turkish farmers eye $3 billion profit from gold find; Iron ore outperformed all commodities in 2020

Country aims to build one or two globally significant overseas iron ore mines by 2025

Country will allow imports of recycled steel raw materials from Jan. 1.

The pandemic aid and spending package signed by Donald Trump includes more than $800 million to fund rare earth.

Benchmark iron ore futures in China fell nearly 6% on Wednesday, after the country urged the steel industry to produce less crude steel next year.

The state-backed energy giant has bought a majority stake in PT Dian Swastatika Sentosa’s thermal power plants in Indonesia for $394 million.

High prices by historical standards have encouraged investment into a pipeline of new projects and restarts, which will continue to come online in 2021, Fitch forecasts.