Japan identifies large share of rare earths in deep-sea mud off remote island

An analysis of rare earth-rich mud retrieved from the deep seabed off a remote Pacific Island earlier this year found medium and heavy rare earth elements accounted for about 54% of the total rare... 

China's CiDi eyes overseas sales of autonomous mining machines this year

CiDi, the Hong Kong-listed Chinese autonomous mining equipment maker, expects overseas deployments to grow this year as it expands beyond China, CE Albert Hu told Reuters. CiDi has equipped... 

Sweden declares mining national security interest to counter dependence on China

Sweden's government declared mining of critical metals and rare earth minerals a national security interest on Thursday, saying a new mining strategy was needed to counter the dependence on China.... 

Canada's Enervoxa plans India rare earths project, may tie up with Vedanta, NALCO

Canadian climate technology developer Enervoxa plans talks with India's Vedanta, Hindalco Industries and State-run NALCO as it looks to set up a processing plant in the country to extract rare... 

Chile investigates Antofagasta's Los Pelambres mine after water discharge from rains

Chile's Antofagasta Minerals said on Thursday its flagship Los Pelambres copper mine remains safe after Chile's environmental regulator opened an investigation into a water discharge incident... 

Newmont tops profit estimates on higher gold prices, sees steady output

Newmont, the world's biggest gold miner, beat second-quarter profit estimates on Thursday after a rally in bullion prices outweighed the impact of lower output, while it forecast steady production... 

Eni-Petronas JV starts floating gas facility build for North Hub in Indonesia

Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8-billion North Hub project in... 

Trump imposes forced labor duties on 60 trading partners as 10% US tariffs expire

The Trump administration on Friday imposed new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union and China, over allegations of lax enforcement of forced... 

USA Rare Earth seals deal to buy stake in French processor Carester

USA Rare Earth finalised a deal on Thursday to buy a minority stake in France's Carester that will provide funds for expansion of a processing plant due to open later this year. The move is part... 

Vale to remove board member over alleged information leak

Brazilian miner Vale's board has decided to remove boardmember Marcelo Gasparino da Silva for allegedly leaking confidential information from a June 19 meeting, the company said late on Wednesday.... 

Freeport-McMoRan beats quarterly profit estimates on higher copper prices

Freeport-McMoRan beat Wall Street estimates for second-quarter profit on Thursday, as higher copper prices offset lower production at its Grasberg mine in Indonesia. Shares of the company were up... 

Guinea first-half bauxite exports hit record high on Chinese demand

Guinea's bauxite exports jumped 15% to a record high in the first half of 2026, official data showed, driven by robust Chinese demand despite mounting pressure on smaller producers from rising fuel... 

Anglo flags first-half loss at diamonds, coal units; cuts copper cost outlook

Anglo American reported broadly flat first-half copper production on Thursday and lowered its 2026 copper cost guidance, but said its diamonds and steelmaking coal businesses are expected to post... 

Glencore plans large LME lead withdrawals after stocks surge, sources say

Commodity trader Glencore plans to withdraw 30 000 tons of lead from London Metal Exchange (LME) warehouses, two industry sources said, after inventories of the battery metal ballooned to record... 

Critical mineral refiner Nth Cycle to list on NYSE in $585m SPAC deal

US-based critical mineral refining company Nth Cycle said on Wednesday it would go public through a merger with special purpose acquisition company (SPAC) Kensington Capital Acquisition. The... 

TSX rises to record high, led by energy and mining shares

Canada's main stock index rose to a record high on Wednesday as higher commodity prices boosted energy and metal mining shares, and despite signs that renegotiation of a continental trade pact will... 

Brazil to provide $3.7bn in credit for firms hit by US tariffs

The Brazilian government announced 18.5-billion reais ($3.66-billion) in financing for companies hit by the new US tariffs valid as of Wednesday, adding the resources will also target firms hurt by... 

India and Myanmar signal closer rare earth mining ties

India and Myanmar are working to deepen cooperation in the rare earths sector after visits to the southeast Asian country by Indian teams, with New Delhi seeking alternative supplies of a strategic... 

Congo presses ahead with local ownership rule for miners despite industry concerns

Democratic Republic of Congo will begin enforcing a long-delayed requirement for mining companies to offer local ownership stakes from July 31, the mines ministry said, despite concerns from some... 

Norsk Hydro tops Q2 profit view as higher prices offset Qatar hit

Norwegian aluminium producer Norsk Hydro reported a quarterly core profit above market expectations on Wednesday, as higher aluminium prices and stronger recycling margins outweighed weaker energy... 

Grupo Mexico profit beats estimates on higher copper prices

Mining and transportation conglomerate Grupo Mexico said on Tuesday its second-quarter net profit rose nearly 79% from the same period a year earlier, bolstered by higher copper prices and well... 

Rio Tinto signs five-year bio pellet deal with SuperChar to cut alumina refinery emissions

Rio Tinto said on Wednesday it had signed a five-year deal with Australian bioenergy firm SuperChar to supply bio pellets to the miner's alumina refineries in Gladstone, supporting its shift toward... 

Australia's Lynas flags cost overrun after revenue miss, shares tumble

Australia's Lynas Rare Earths on Wednesday warned of a cost overrun at its heavy rare earths expansion project in Malaysia after reporting fourth-quarter revenue below analyst expectations, sending... 

Vale posts largest second-quarter iron-ore output since 2018

Brazilian miner Vale posted on Tuesday its largest second-quarter output figure since 2018, with production of the steelmaking material rising 0.8% from a year earlier and coming above analysts'... 

Zimbabwe adds freight rail option to lithium export gateway

Zimbabwe's State-owned railway company said on Tuesday its collaboration with private operators now provides capacity to haul lithium concentrate to Maputo port in Mozambique by rail, expanding... 

Boliden lags Q2 forecasts as mine disruption, smelter ramp-up delay weigh

Swedish miner Boliden reported a weaker-than-expected quarterly adjusted operating profit, sending its shares 3% lower on Tuesday, hit by higher costs, disruption at its Garpenberg mine (Sweden)... 

ADNOC greenlights $6.2bn Umm Shaif Gas Cap project

Abu Dhabi's State energy company Abu Dhabi National Oil Company (ADNOC) has taken a $6.2-billion final investment decision (FID) to develop the Umm Shaif Gas Cap, in an acceleration of its... 

China lithium prices hit five-month low on expectations of oversupply in 2027

China's lithium futures prices sank to a five-month low on Tuesday on expectations of oversupply of the electric vehicle battery metal in 2027, even as near-term demand remained strong, according... 

China's world-leading renewable megabases rely on coal-heavy transmission, report finds

China is building more large-scale wind and solar than the rest of the world combined, but inadequate transmission links and a continued reliance on coal-fired power are limiting its use, according... 

Goldman sees Brent exceeding $120/bbl in Q4 if Hormuz disruptions persist

Goldman Sachs said on Monday that Brent crude could top $120 a barrel in the fourth quarter this year and average $100 a barrel next year if flows through the Strait of Hormuz remain disrupted and... 

Trump says he signed proclamation to adjust tariffs on aluminum imports

President Donald Trump said on Monday he signed a proclamation to adjust tariffs on imports of aluminum into the US, adding the domestic production of primary aluminum in the US was currently... 

China's steel sector looks weaker than it is, reverse for iron-ore - Reuters

China's steel sector presents something of a dilemma in trying to work out if it is soft and likely to continue to weaken, or whether it is actually performing quite strongly given the subdued... 

BHP resumes negotiations with Port Hedland iron-ore unions

BHP and unions representing workers at Western Australia's Port Hedland, the world's largest iron-ore export hub, edged closer to a deal on Tuesday, though talks ended without an agreement and will... 

Biggest independent European oil, gas producer to emerge from Vaar Energi, BlueNord deal

Norway's Vaar Energi said on Tuesday it will buy smaller Oslo-listed rival BlueNord to form Europe's largest independent oil and gas producer in a deal worth around $1.33-billion that sent shares... 

Eramet signs MoU with Gabon on manganese ore processing

Eramet and its Gabonese subsidiary Eramet Comilog signed a memorandum of understanding (MoU) on Monday with the Gabonese government, targeting a road map to enable the processing of up to 700... 

Zinc expected to retreat in 2026 as weak demand offsets supply fears

Zinc prices are expected to retreat from recent highs over the rest of the year as lacklustre demand offsets supply disruptions, analysts say. The metal used to galvanise steel is up more than 13%... 

Magnolia Oil & Gas to buy WildFire Energy in $4bn deal

Magnolia Oil & Gas said on Monday it had agreed to acquire WildFire Energy for about $4.06-billion, including debt, to expand its position in the Giddings field in South Texas. The deal includes... 

China’s sulphuric acid exports all but vanish in June, plunging 99%

China’s sulphuric acid exports plunged more than 99% in June following a move to halt overseas shipments, leaving Chile and Indonesia, its two biggest buyers last year, without any cargoes, customs... 

USA Rare Earth CEO Humpton to retire, Serra Verde's Moraitis to succeed

USA Rare Earth said on Monday that Barbara Humpton will retire as CEO and board director effective October 1, with Serra Verde CEO Thras Moraitis set to succeed her. Brazilian rare earths miner... 

India says coal power plants have adequate stocks despite rising demand

India's coal-fired power plants have sufficient coal stocks to run for about two weeks at higher operating rates, easing concerns about fuel shortages amid rising electricity demand and...