Valterra profit hit by platinum mine flooding, spinoff costs
Profit likely fell as much as 98% in the first half, the Anglo American spinoff says.
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China lifts exports of rare earth products after trade war curbs
Customs data released Friday show exports of all rare earth products rose 80% from a five-year low in May.
Billionaire turns Pentagon into Trump’s defense investment wing
Steve Feinberg is eager to build national champions across key sectors to boost US competitiveness.
US set to impose 93.5% duty on China battery material
The US Commerce Department imposed preliminary anti-dumping duties on Chinese imports of graphite.
Ultra-rare metal rides AI boom as commodities star performer
Ruthenium has eclipsed the headline-grabbing rallies in other commodities like gold and silver.
Ex-Lundin CEO Rockandel joining Infor to seize on mining deals
Peter Rockandel spent the past six months doing advisory work “with a select group of clients” before deciding to make a full-time return.
Special forces veterans lead US bid to buy Congo cobalt miner
Orion Resource Partners and Virtus Minerals are jointly negotiating the purchase of Chemaf, Bloomberg sources say.
US court rules in Zimbabwe’s favor over $93 million mining dispute
The court dismissed a case brought by two Mauritian companies seeking to enforce a decade-old arbitration award against Zimbabwe Mining Development Corp.
Alcoa says Trump’s tariffs added $115 million in aluminum costs
The company redirected Canadian-produced aluminum to customers outside the US to mitigate additional tariff costs.
Iron ore price tops $100 for first time since May on China sentiment
Futures were up more than 1%, heading into triple figures for the first time since May.
Ucore to start rare earth output at Louisiana plant next May
The company is transforming an 80,000 square-foot building on a former Air Force base into an $80 million plant for rare earth magnet materials.
Vedanta’s Zambia copper unit will revamp smelter to boost output
The company had pledged to invest more than $1.2 billion over five years to upgrade the Konkola operations and pay creditors.
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