Mexico nationalizes salt producer ESSA, buys Mitsubishi’s stake ESSA owns the world’s largest salt mine and is one of the biggest producers of salt in Latin America. Bloomberg News | February 24, 2024 | 5:54 pm
Russian metals aluminum, nickel escape new US sanctions Aluminum retreated as much as 1.1% on Friday, while nickel pared an earlier advance of as much as 1.2%. Bloomberg News | February 23, 2024 | 11:11 am
Some Australian ports reopen with cyclone to miss iron ore hub Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority. Bloomberg News | February 23, 2024 | 9:15 am
France’s $1.6 billion uranium deal with Mongolia faces delays A debate about protecting strategic resources in Mongolia risks delaying the finalization of the agreement until after elections in June. Bloomberg News | February 22, 2024 | 3:48 pm
Nippon Steel’s China assets raise concerns over US deal The complication for Nippon Steel is that regulators may look unfavorably on whether its acquisition of US Steel could allow more access to US markets for Chinese-sourced steel. Bloomberg News | February 22, 2024 | 2:46 pm
Australian iron ore port starts clearing ships ahead of cyclone Dampier is used by Rio Tinto Group to export iron ore. Bloomberg News | February 22, 2024 | 7:11 am
Posco to import African battery graphite to cut China reliance The move comes after China tightened export rules for graphite used for EVs in December. Bloomberg News | February 22, 2024 | 7:06 am
First Quantum shares jump on refinancing measures The sale is part of efforts to strengthen its balance sheet after Panama shuttered the Cobre Panama mine. Bloomberg News | February 22, 2024 | 7:00 am
Thai potash mine owner ITD weighing $500 million stake sale Italian-Thai Development Pcl is considering selling its 90% stake in Asia Pacific Potash Corp., which has mining rights in Thailand. Bloomberg News | February 22, 2024 | 6:54 am
Illegal mine collapse buries gold workers in the Venezuelan Amazon Officials on Tuesday reported the collapse at the Bulla Loca mine in Bolivar state in the south of the country. Bloomberg News | February 21, 2024 | 12:51 pm
Aluminum price surges as White House plans fresh sanctions on Russia President Joe Biden said the US plans to unveil a “major” sanctions package against Moscow on Friday. Bloomberg News | February 21, 2024 | 8:22 am
China’s tin supply for food cans and chips steadily tightens Myanmar's Wa state has placed a tax in kind of 30% on all tin concentrate exports. Bloomberg News | February 20, 2024 | 10:22 am