August 4, 2023

US discussed ‘creative ways’ to help landlocked Mongolia export rare earths – officials

The United States is keen to secure sources beyond its main global rival, China, which last year accounted for more than 70% of world rare earth production.

August 4, 2023

Why the gold price struggles to stay above $2,000

"That $2,000 point, and those technicals, they start to impact some areas of demand for gold," says WGC strategist Joe Cavatoni.

August 4, 2023

Column: Rio Tinto counts the cost of producing green aluminum

The company booked a $1.175 billion impairment charge against its two Australian alumina refineries in its second-quarter results.

August 3, 2023

Russia to restart buying currency, gold as energy income revives

Russia gets around a third of its budget revenues from the oil and gas industry.

August 3, 2023

US Department of Energy adds copper to critical minerals list

Move marks the first time a US government agency has included copper on one of its official “critical” lists, following the examples of the European Union, Japan, India, Canada, and China. 

August 3, 2023

Mongolia, Rio Tinto have resolved nearly all copper mine tax issues – PM

The partners spent years mired in a tussle over development of the Oyu Tolgoi mine which is the country's biggest foreign investment.

August 3, 2023

China nickel producers look to London exchange in dash for profit

Chinese companies likely to apply to the LME include Tsingshan Group, China's largest nickel producer.

August 3, 2023

Metals traders are leaving hedge funds as markets disappoint

Despite the personnel moves, there aren’t yet signs of permanent retrenchment among hedge funds in metals.

August 3, 2023

Global copper smelting ticked higher in July, but China slid

Apart from Asia and Oceania, all other regions outside China recorded increasing levels of activity.

August 3, 2023

Myanmar tin ban in Wa region may cut China’s smelter output in H2

China sources over half of its import needs in tin concentrate from Myanmar.