US imports more Congo copper as consumer acceptance grows

US buyers are increasingly turning to copper from the Democratic Republic of Congo, helping drive record imports from the African producer as industrial consumers capitalise on discounts to... 

Jefferies-linked fund seeks Singapore injunction against Radiant World

LAM Trade Finance Group II, in which US bank Jefferies has a minority stake, applied on Monday for a freezing injunction against Radiant World and its founder in Singapore, the city-state's... 

Ferrexpo shares soar as trading resumes, some production restarts

Shares in Ukraine-focused iron-ore pellet producer Ferrexpo shares surged as much as 60% when they resumed trading on Monday after several months of suspension. The company last week said it had... 

India ramps up coal rail shipments as power plant stocks dwindle

India is increasing coal shipments by rail to power plants after fuel inventories at several generators fell to critically low levels, the coal ministry said on Monday. The increase in rail... 

Brazilian court suspends licenses for Sigma Lithium mine

A Brazilian judge ordered the suspension of environmental licenses and mining activities at Sigma Lithium's Grota do Cirilo mine, a court document seen by Reuters showed. The decision was made on... 

Australia's shale players say they've learnt from mistakes made in the LNG boom

Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas (LNG) boom in the State of Queensland, but without the duplication of infrastructure... 

Top China steelmaker Baowu eyes stake in BHP iron-ore mine, sources say

China Baowu Steel Group, the world's largest steelmaker, is eyeing a minority stake in BHP's Jimblebar iron-ore mine in Western Australia, according to two people briefed on the matter. Baowu is... 

Deeper cobalt discounts add to squeeze on Indonesian nickel producers' margins

Chinese makers of batteries for electric vehicles are demanding steeper discounts for cobalt, which could further cut into margins at Indonesian nickel producers squeezed by rising costs of ore and... 

China rare earth firms halt some US shipments over geopolitical worries, sources say

Some Chinese rare earth suppliers are declining to ship to the US for fear of repercussions from Beijing, three sources said, underscoring how access to the materials remains an issue for the US... 

US July copper imports hit highest level on record

The US imported a record 225 094 tons of refined copper and copper alloys in July, official data showed on Thursday, as traders continued to ship large volumes of the metal before a tariff is... 

Ukraine-focused miner Ferrexpo to raise $100m in funding

Ukraine-focused miner Ferrexpo on Thursday proposed an equity fundraise for about $100-million to support the company's working capital and ongoing operations, after reporting results for the year... 

Brazil's Vale drops IPO plans for critical minerals unit, The Globe and Mail reports

Miner Vale is shelving plans for an initial public offering (IPO) of its critical minerals unit amid political pushback in Brazil over the country potentially losing control over strategic mining... 

Albemarle names BHP executive Ragnar Udd as CEO

Albemarle said on Thursday it has appointed BHP executive Ragnar Udd as its CEO, tapping an industry veteran to lead the world's largest lithium producer. Udd, currently BHP's chief commercial... 

Australia's Vulcan seeks investors for German lithium expansion project, courts Asian interests

Lithium developer Vulcan Energy Resources on Thursday announced phase two of its lithium project in Germany's Upper Rhine Valley and commenced process to bring in additional strategic investors.... 

LME zinc squeeze signals deepening supply risks for the West, Reuters says

Another year of mine underperformance, record-low smelter treatment terms and a scramble for metal on the London Metal Exchange (LME). If you're thinking this is a description of the copper market,... 

Jemena plans new pipeline for Australia's Beetaloo Basin shale gas province

Pipeline operator Jemena, owned by State Grid Corporation of China and Singapore Power, plans to build a new pipeline linking Australia's Beetaloo Basin shale gas province with the country's... 

Lynas Rare Earths says it was in takeover talks earlier this year

Australia's Lynas Rare Earths, the world's largest producer of rare earths outside China, was in takeover talks earlier this year but the discussions did not proceed, a spokesperson said on... 

Sibanye presses ahead with first copper project as half-year profit triples

Sibanye-Stillwater has approved its Australian copper project, it said on Tuesday after reporting a surge in half-year profit on higher gold and platinum group metal (PGM) prices. The... 

Coal India to sell 10% stake in unit Mahanadi Coalfields' IPO

Coal India, the world's largest coal producer, is selling a 10% stake in Mahanadi Coalfields through the fully owned subsidiary's initial public offering (IPO), draft papers filed with the market... 

BHP's chief commercial officer to step down in January, internal memo shows

BHP's Chief Commercial Officer Rag Udd will step down at the end of January to pursue an opportunity outside the company, according to a staff memo seen by Reuters on Tuesday, leaving open one of... 

Australia's new shale basin Beetaloo sends first gas to market

Developers of Australia's Beetaloo basin sent the first gas from the project north to Darwin on Tuesday in what they hope will demonstrate steady flows that can underpin wider commercialisation of... 

Solar overtakes coal as China's largest source of installed power capacity

Solar farms overtook coal plants in July to become China's top source of installed power capacity, State-run media reported on Tuesday, although solar still lags well behind coal in terms of power... 

India revives talks with Zambia to invest in critical minerals, sources say

India has resumed talks with Zambia to explore investment opportunities in copper and other critical minerals, two sources said, as New Delhi looks increasingly overseas for raw materials to meet... 

Chile's copper output declines 9.4% in July hit by severe weather

Copper output in Chile, the world's largest producer of the metal, fell 9.4% year-on-year in July hit by severe storms that struck mining operation areas, statistics agency INE said on Monday.... 

Smackover Lithium signs supply deal with LG Energy Solution

Smackover Lithium, a joint venture between Standard Lithium and Norway's Equinor, said on Monday it has signed its second commercial offtake agreement for its South West Arkansas (SWA) project with... 

India's ONGC to invest 1trn rupees for deepwater exploration, says chairman

India's Oil and Natural Gas Corporation aims to invest one-trillion rupees ($10.51-billion) over five years for exploring its local deepwater and ultradeep water fields, chairperson AK Singh said... 

Sasol earnings up 9% on higher oil prices, fuel sales volumes

South African petrochemical firm Sasol said on Tuesday its annual profit rose 9% from a year ago, buoyed by higher crude oil prices and increased fuel sales volumes.  Sasol's headline earnings per... 

Bumi Resources units launch coal-to-gas project, energy ministry says

Units of Indonesia's largest coal miner, PT Bumi Resources, have launched construction of a plant intended to produce up to two-million tons of gas a year from coal, the Energy and Mineral... 

Experts, lawyers puzzled over US-Venezuela oil deal, call for contract transparency

A massive long-term oil deal expected to grant the US access to a fifth of Venezuela's crude reserves has energy experts and lawyers questioning its legality and eventual execution, while calling... 

IDB Invest to back Posco Argentina lithium expansion with up to $700m

IDB Invest, the private-sector arm of the Inter-American Development Bank, will lead the financing of up to $700-million for a unit of South Korea's Posco Holdings to expand lithium production at... 

Alrosa posts H1 loss due to weak diamond market, strong rouble

Russian diamond miner Alrosa, the world's largest diamond producer, slipped into a loss in the first half of 2026 amid an ongoing industry crisis and a strong rouble, the company said on Thursday.... 

Argentina, Chile revive cross-border mining framework for investment

Argentina and Chile are seeking to unlock billions of dollars in mining investment by advancing legal and regulatory frameworks that would allow companies to share infrastructure and resources... 

Indian coal power plants have critical low fuel, government data shows

Forty five power plants in India are operating with critically low coal inventories, government data showed, as monsoon rains disrupt supplies and electricity demand rises amid hotter-than-usual... 

Brazil's Vale studies extracting rare earths, gold from mining waste

Brazilian miner Vale is studying the possibility of extracting rare earths, gold and other minerals from mining waste as part of its circular economy strategy, a Vale executive said on Wednesday.... 

Australia's South32 annual profit jumps 55%, extends shareholder-returns programme

Australia's South32 on Thursday posted a 55% rise in annual profit, largely in line with market expectations, and extended its shareholder-returns programme, sending its shares to a more than... 

Boliden to buy Votorantim's 64.7% stake in Nexa Resources

Swedish miner Boliden said on Thursday it had agreed to acquire all of Brazilian group Votorantim's shares in zinc and silver producer Nexa Resources, giving it a 64.68% stake, and will bid for the... 

China Nonferrous Mining launches up to $300m convertible bond deal, term sheet shows

China Nonferrous Mining Corporation is launching a sale of up to $300-million of US dollar-denominated convertible bonds due 2031, according to a term sheet seen by Reuters on Wednesday. The Hong... 

EGA restarts quarter of reduction cells at Al Taweelah smelter

Emirates Global Aluminium (EGA) said on Wednesday it had brought a quarter of its Al Taweelah smelter in Abu Dhabi back online as the company works to recover from damage caused by an Iranian... 

IMF's Georgieva says global economy weathering energy shock, sees fiscal concerns

The global economy has weathered the Iran war energy shock better than feared, International Monetary Fund MD Kristalina Georgieva said on Tuesday, but she raised concerns about deteriorating... 

South African miners accelerate shift to renewable power to cut Eskom reliance

South Africa's mining firms are accelerating investment in renewable energy as they seek to diversify power sources, cut costs and meet decarbonisation targets, marking a shift after decades of...