Indonesia is managing the amount of nickel ore its miners produce in order to balance supply and demand, a government minister said.
Democratic Republic of Congo’s state-owned miner has submitted a bid for Chemaf Resources Ltd.’s unit in the country, months after saying it intended to block a previous deal to sell the copper and cobalt miner to a Chinese investor.
A squeeze in the London Metal Exchange aluminum market is drawing to a close, bringing relief to sellers who have been under pressure since a large buyer emerged.
A fire at the sulphuric acid unit at Freeport Indonesia’s Manyar smelter in Gresik, East Java province, was brought under control on Monday, a company spokesperson said, adding that no casualties had been reported.
China’s imports of unwrought copper rose in September from the prior month, customs data showed on Monday, due to improving seasonal demand and a better consumption outlook for the industrial metal.
Private equity firm MBK and Young Poong have secured a more than 5% stake in Korea Zinc through a tender offer that closed on Monday, Young Poong said in a regulatory filing.
Rio Tinto’s $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries.
London-based Savannah Resources expects the price of lithium to rebound by 2027, when it hopes to start commercial production at its mining project in Portugal, CEO Emanuel Proenca said on Friday.
Exxaro Resources Ltd., one of South Africa’s biggest coal producers, wants to become a major player in the country’s manganese mining industry.
IGO has awarded Barminco, an underground mining company owned by Perenti, a contract extension to continue mining at the Nova underground nickel mine in Western Australia.