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Mining and Metailurgy
South Korea
POSCO International to build rare earth supply chain
China
30-12-2024
Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags
Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for clues on details about anticipated stimulus from top consumer China.The most-traded May iron o
India
30-12-2024
India Sets Six-Month Import Cap on Key Steelmaking Ingredient Met Coke
India will impose restrictions on the import of low-ash metallurgical coke, a key steelmaking ingredient, for six months starting January 1, 2025, a government order said on Thursday.The move aims to protect domestic producers from rising imports, which h
Mongolia
30-12-2024
Mongolia Reaches Deal for $1.6 Billion Uranium Mine With France’s Orano
Mongolia said on Friday it had reached a preliminary agreement with France’s Orano Mining Group to develop a long-anticipated uranium mining project worth $1.6 billion.A draft agreement for the deal was submitted to the Mongolian parliament for
Nigeria
29-12-2024
Nigeria Resumes Mining in Zamfara State on Improved Security
Nigeria has lifted a ban on mining exploration in the northwestern state of Zamfara after a five-year suspension, the mining minister said, citing improved security.Mining activities in Zamfara, which holds huge gold, lithium and copper deposits, were sus
United States
29-12-2024
Lithium Americas and GM Close Joint Venture for Thacker Pass Mine
Lithium Americas said on Monday it has closed its joint venture with US automaker General Motors to develop the Thacker Pass lithium mine in Nevada.The miner’s CEO, Jonathan Evans said that the company is expected to make a final investment deci
China
27-12-2024
China’s 2025 Steel Demand to Fall 1.5% on Year, State Research Institute Says
China’s steel demand is forecast to fall 1.5% in 2025 and drop 4.4% in 2024 from the year before, the state-backed China Metallurgical Industry Planning and Research Institute (MPI) said on Friday.China’s steel consumption in 2024 and
Metal
27-12-2024
El Salvador President Proposes Bill to Overturn Metals Mining Ban
El Salvador’s Congress will begin debating a bill on Saturday from President Nayib Bukele that would overturn a 2017 national ban on metals mining, the head of the president’s bloc in Congress said on Friday.The bill is an initiative o
China
27-12-2024
Iron Ore Rises on Pre-holiday Restocking, China Stimulus Hopes
Iron ore futures prices gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China and revived hopes of stimulus.The most-traded May iron ore contract on China’s Dalian Commodity Exc
United States
27-12-2024
President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel
Nippon Steel’s $15 billion bid for US Steel has been referred to US President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes.The Committee on Foreign Investment in th
United States
27-12-2024
The Coming Critical Minerals Trade War Is Brics Short of a Load
The incoming Trump administration’s threat of tariffs has muddied the already cloudy outlook for mining and metals in 2025.Chinese retaliation has been swift, imposing stricter export controls on so-called dual-use materials and banning shipment
Australia
27-12-2024
Progress of Projects Such as the Orient Polymetallic Mine in Australia
Iltani Resources has seen high-grade mineralization at the Orient East silver indium project in northern Queensland, which had previously seen the highest grade mineralization to date.More than 10 boreholes within a range of 300 meters along the Orient Ea
Sweden
24-12-2024
Government Inquiry Recommends Lifting Swedish Uranium Ban
Sweden should remove its prohibition on uranium mining to allow it to be exploited like other natural resources regulated under the Minerals Act, a government inquiry has concluded.(Image: Pixabay)Uranium exploration and mining has been prohibited in Swed
Canada
19-12-2024
Taykwa Tagamou Nation Invests $20 Million in Canada Nickel
Following final approval in January 2025, Taykwa Tagamou Nation in Ontario will hold 8.4 per cent equity interest in Canada Nickel CompanyTaykwa Tagamou Nation is investing $20 million into Canada Nickel’s Crawford Nickel Sulphide Project in Nor
Metal
05-12-2024
Nigerien Authorities In Control Of Somaïr Operations - Orano
The French company, said it has "for several months" been warning of "interference" that the group has been suffering in the governance of SOMAÏR, of which it is the majority shareholder and operator. "The decisions taken
Metal
02-12-2024
Iron Ore Extends Gain as China’s Manufacturing Activity Improves
Iron ore advanced for a second day as China’s manufacturing activity expanded following Beijing’s stimulus measures to shore up the economy.The Caixin manufacturing purchasing managers index rose to 51.5 last month, the highest since J
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