September 30, 2023

Venezuela, Jindal Steel to sign deal on iron ore mill

Venezuela’s government and Jindal Steel have signed an agreement for the Indian company to run the country’s largest iron-ore-producing plant.

September 29, 2023

Cobalt hydroxide price tumbles amid surging supplies from DRC

Soaring production from Indonesia is also adding to surpluses.

September 29, 2023

Vedanta to split business into six listed companies

The metals-to-oil Indian conglomerate seeks to boost growth amid a financial performance decline by parent company Vedanta Group.

September 27, 2023

Vedanta preparing to de-merge sprawling operations

Shares in Vedanta Ltd. have fallen by more than a fifth over the past 12 month.

September 27, 2023

Trafigura gets $500 million to buy Saudi’s non-crude commodities

The three-year deal gives Trafigura a big new chunk of credit tor trading at a time when energy prices are rising again.

September 27, 2023

Climate targets threatened by lack of mining investment: McKinsey

Report reveals looming shortages of minerals key to the energy transition as low commodity prices cause investors and miners to cut spending.

September 26, 2023

India spat spills over into boardroom of Canadian potash firm

Karnalyte Resources abruptly canceled plans to meet with its Indian board members this week.

September 26, 2023

China’s gold imports via Hong Kong bounce back in August

Net imports stood at 39.023 metric tons in August, up 51.4% from the previous month.

September 26, 2023

K92 extends Trafigura partnership with $100 million loan, longer offtake

The company expects first drawdown to occur in early to mid-Q4 2023.

September 26, 2023

China scoops up cheap Indian iron ore in bid to trim steel costs

Indian iron ore exports have surged as steel mills switched to lower-grade, cheaper feed in the face of dwindling profits.