China Smelter Group Agrees to Lower Q1 Copper Charges
Wedoany.com Report-Jan 01,China’s top copper smelters agreed to price guidance for processing charges in the first quarter of 2025 that was lower than this quarter’s guidance, industry sou...
Iron Ore Price Reverses to Losses as Weakening China Steel Consumption Drags
Wedoany.com Report-Dec 30,Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for clues on deta...
India Sets Six-Month Import Cap on Key Steelmaking Ingredient Met Coke
Wedoany.com Report-Dec 30,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 ...
Mongolia Reaches Deal for $1.6 Billion Uranium Mine With France’s Orano
Wedoany.com Report-Dec 30,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....
Lithium Americas and GM Close Joint Venture for Thacker Pass Mine
Wedoany.com Report-Dec 29,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, Jo...
Nigeria Resumes Mining in Zamfara State on Improved Security
Wedoany.com Report-Dec 29,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 a...
China’s 2025 Steel Demand to Fall 1.5% on Year, State Research Institute Says
Wedoany.com Report-Dec 27,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 In...
El Salvador President Proposes Bill to Overturn Metals Mining Ban
Wedoany.com Report-Dec 27,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 pres...
Iron Ore Rises on Pre-holiday Restocking, China Stimulus Hopes
Wedoany.com Report-Dec 27,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 stimulu...
President Biden to Decide Fate of Nippon Steel’s $15BN Bid for US Steel
Wedoany.com Report-Dec 27,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 u...