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Metals / Commodities

China's Rare Earths Strategy, Explained

Jul 25, 2024 at 08:29 | Metal Miner

Via Metal Miner   Chinese geologists recently discovered two new minerals – oboniobite and scandio-fluoro-eckermannite – at Inner Mongolia’s Bayan Obo, the world’s…

China Begins Work on Massive Afghan Copper Mine

Jul 25, 2024 at 08:25 | RFE/RL staff

Chinese engineers and the Taliban government officially started work on a massive project in Afghanistan to mine the world's second-largest deposit of copper. At the July…

Net-Zero Targets Could Double Yearly Copper Demand by 2035

Jul 24, 2024 at 09:44 | Metal Miner

Via Metal Miner   By now, the world knows that although the current global copper reserves are sufficient…

India's Steel Industry Battles Surge of Cheap Imports

Jul 23, 2024 at 09:44 | Metal Miner

It seems all the fears expressed by Indian steelmakers (and policymakers) are coming true. There just seems to be no stopping the flood of cheap steel imports into…

Artificial Intelligence Is Sparking a Copper Boom in Zambia

Jul 23, 2024 at 09:39 | Felicity Bradstock

Zambia is attracting the attention of the world’s energy and mining companies as it shows significant potential for critical mineral extraction. Innovative technologies have helped uncover massive deposits of copper…

Goldman Sachs Sees Downside For Copper in The Short Term

Jul 19, 2024 at 11:15 | ZeroHedge

Copper futures in New York are 15% below their May all-time high and have hit a two-week low. Goldman analyst Adam Gillard suggests that a "surplus market" could pressure prices…

How the U.S. Presidential Election Could Influence Precious Metals Prices

Jul 19, 2024 at 09:53 | Metal Miner

Via Metal Miner The Global Precious Metals MMI (Monthly Metals Index) held its four-month long sideways trend month-over-month.…

Copper Demand Surge Drives Consolidation Wave in Mining Sector

Jul 19, 2024 at 09:31 | City A.M

London listed mining group ACG is gearing up for a global deals spree after snapping up a Turkish…

UK Government Invests £2.5 Billion in Sustainable Steel Manufacturing

Jul 18, 2024 at 08:06 | Metal Miner

Via Metal Miner   According to an official with the country’s new government, an additional £2.5 billion ($3.2 billion) will be made available…

Rio Tinto's Multi-Billion-Dollar Lithium Mine Back on Track in Serbia

Jul 17, 2024 at 08:48 | RFE/RL staff

Serbia’s government has reinstated a spatial plan for a multibillion-dollar lithium mine and processing plant, days after the Balkan state's Constitutional Court said a previous government acted improperly…

Aluminum Prices Face Downward Pressure as Tariffs Influence Market Trends

Jul 17, 2024 at 08:35 | Metal Miner

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) retraced, with a 4.67% decline from June to…

Construction Costs Remain Elevated Despite Stabilizing Base Metals

Jul 16, 2024 at 08:09 | Metal Miner

Via Metal Miner The Construction MMI (Monthly Metals Index) held true to its year-long sideways trend, only budging…

Merger Mania Hits the Mining Sector

Jul 15, 2024 at 09:45 | City A.M

Rising demand for raw materials coupled with meagre new supply could spur a surge in mining takeover deals and acquisitions, analysts said today. The potential mining…

Roughly 13% of Mexican Steel Imports to Face Tariffs Under New Agreement

Jul 15, 2024 at 09:42 | Metal Miner

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) fell 4.5% from June to July.

Zimbabwe's Steel Industry Revitalized with New $1.5 Billion Plant

Jul 12, 2024 at 05:51 | Metal Miner

Via Metal Miner Zimbabwe’s got itself a brand new iron and steel manufacturing plant, courtesy of the Chinese.…

Copper Prices Bounce Back On Market Optimism

Jul 11, 2024 at 07:58 | Metal Miner

Via Metal Miner Overall, the Copper Monthly Metals Index (MMI) fell 6.66% from June to July. Following a…

LME Returns to Court Over $12 Billion Nickel Trading Fiasco

Jul 10, 2024 at 07:47 | City A.M

The London Metal Exchange (LME) is back in court this week as it seeks to defend against Elliott Investment Management’s application to appeal…

What U.S. Companies Need to Know About China's Rare Earth Restriction

Jul 09, 2024 at 09:38 | Metal Miner

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) took a steep dive in price action after…

Cold Rolled Stainless Imports Surge Despite Higher Freight Rates

Jul 08, 2024 at 08:36 | Metal Miner

Via Metal Miner Overall, the Stainless Monthly Metals Index (MMI) reversed to the downside, with a 10.88% drop…

Raw Material Shortages Weigh on EU Ammunition Production

Jul 08, 2024 at 08:30 | RFE/RL staff

The European Union's capacity to produce 155 mm artillery ammunition may be less than half as large as public estimates by senior EU officials indicate, affecting the bloc's…

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