Copper market crunch brews as US and China compete for metalmining.com
A surge in shipments to the US and rising orders in China are setting the stage for a rally that could take global benchmark prices to all-time highs.
CMRG tells some steel mills to halt talks with Rio Tinto, sources saymining.com
China Mineral Resources Group has already targeted Australia’s other top iron ore producers.
Rio Tinto, BHP summoned to critical minerals meeting with Trumpmining.com
Move is meant to demonstrate the administration’s commitment to wean the nation off supply chains dominated by China.
Albemarle quarterly profit surges on rising lithium pricesmining.com
The company reported second-quarter net income of $480 million, compared to $22.9 million in the year-ago quarter.
Clem Chambers says copper’s ‘bubble’ is still to come as prices hit new highsmining.com
Clem Chambers says copper’s ‘bubble’ is still to come as prices hit new highsCopper may be hitting fresh highs, but veteran market
Diamond buyers are freaking out in Vietnam after gem scandalmining.com
The discovery of what appears to be Vietnam’s biggest-ever diamond smuggling network has rippled through the industry.
US copper inflows surge as market awaits Trump tariff callmining.com
About 200,000 metric tons arrived in July, the biggest monthly inflow on record in IHS Markit shipping data.
Sherritt rejects bid for early board vote amid Trump ally talksmining.com
The company warned its ability to continue as a going concern was in doubt because of Trump’s sanctions order.
Chile posts weakest copper output for second quarter in 19 yearsmining.com
Chile’s struggles reflect a broader theme across the global industry, where producers are grappling with aging ore bodies and challenging new projects.
Fortescue looks to markets outside China as CMRG pressure mountsmining.com
The standoff has become one of the clearest tests yet of Beijing’s push to gain greater leverage over iron ore trade through CMRG.