Phoenix Tailings to build $375m rare earths facility in New York state

Phoenix Tailings will build a commercial-scale rare earth processing facility worth $375-million in the city of Rochester, New York state's Governor Kathy Hochul said on Tuesday. The US is pouring... 

Chile regulator to deliver audit of Codelco's copper output within 2 months

Chile's comptroller general's office said on Tuesday it expects to deliver an audit of Codelco's 2025 production data within two months, after the State-owned miner revealed it was investigating... 

Canada, Türkiye set to sign pledge during Carney visit to deepen defence, energy ties, source says

NATO allies Canada and Türkiye are expected to sign a joint declaration aimed at deepening bilateral cooperation in four areas, including defence and energy, during Prime Minister Mark Carney's... 

Mining giant Grupo Mexico reports higher profit on price boost, trims copper guidance

Mining and transportation conglomerate Grupo Mexico said higher metal prices helped its third-quarter net profit rise by more than half from a year earlier, even as copper production slightly... 

Half of India's coal plants run critically low on fuel as power demand surges

Half of India's 191 coal-fired power plants are operating with critically low fuel stocks owing to a surge in power demand amid hotter-than-usual weather linked to El Niño, government data showed.... 

Incoming Northern Star CEO flags possibility of asset sales

Australia's Northern Star Resources on Wednesday flagged the potential for asset sales as the miner focuses on delivering its turnaround plan under a new CEO, amid pressure from both activist... 

Woodside Energy trims output forecast, to pull back from US ammonia project

Australia's Woodside Energy on Wednesday trimmed the top end of its annual production forecast and said it would scale back its investment in a lower-carbon ammonia project in the US owing to... 

Australian miner Fortescue fires senior executive after sexual harassment probe

Fortescue, Australia's third-largest miner, said on Wednesday it fired a senior executive following an investigation into allegations of sexual harassment and bullying. The investigation,... 

Mitsubishi Corp approves Arizona copper mining project, lifts investment

Japan's Mitsubishi Corporation approved the construction of a copper mining project in Arizona, jointly with Canada's Hudbay Minerals, the company said on Wednesday. Mitsubishi will make an... 

Sulphuric acid prices due to extend decline in 2027, CRU says

Prices of sulphuric acid used to process metals such as copper and nickel are expected to extend their decline next year, consultancy CRU said on Tuesday. Sulphuric acid delivered to top copper... 

EU still committed to keeping oil, coal and gas in ground in Arctic, new strategy says

The European Union remains committed to "ensuring that oil, coal and gas stay in the ground, including in Arctic regions," according to a new Arctic strategy presented by the European Commission... 

China's Australian coal imports surge to six-year high

China's coal imports from Australia surged in September to their highest level since April 2020, before Beijing's unofficial ban on Australian coal imports disrupted trade, customs data showed on... 

Hormuz could be 'redundant' in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz "redundant" in the next five years, HSBC Group CE Georges Elhedery said... 

India's Hindustan Zinc records two-fold profit jump, cuts annual production cost forecast

The world's largest integrated zinc producer Hindustan Zinc posted a more than two-fold jump in quarterly profit on Monday, helped by higher metal prices, while cutting its annual zinc production... 

Cleveland-Cliffs shares jump on raising 2027 outlook, first quarterly profit in 2 years

US steelmaker Cleveland-Cliffs raised its 2027 core profit forecast on Monday, after stronger prices and lower costs helped it post its first quarterly profit in more than two years. Shares of... 

Anglo sticks to copper forecast after snow in Chile hits quarter

Anglo American reported a 5% fall in third-quarter copper production on Tuesday after record snowfall in Chile, but maintained its 2026 forecast for the metal and raised its diamond production... 

BHP misses quarterly copper output estimates on Chile mine disruptions

BHP Group on Tuesday reported a steep fall in copper production in the first quarter as bad weather and a fatal accident forced temporary halts at its flagship Escondida mine in Chile. Operations... 

China resumes sulphuric acid exports to copper king Chile after three-month halt

China resumed sulphuric acid exports to Chile in September after a three-month halt, with shipments to the world's largest copper producer accounting for nearly all of the month's exports, customs... 

ILZSG sees global zinc, lead markets in surplus in 2027

The global refined zinc market is expected to swing to a surplus of 25 000 metric tons in 2027 from a deficit of 88 000 tons this year, while the refined lead market surplus will widen to 163 000... 

CME to launch tungsten futures to meet rising demand for critical minerals

Chicago-headquartered CME Group on Monday said it will launch tungsten futures to meet rising demand for its metals complex, which registered record volume this year. The contracts are expected to... 

China aluminium output hits record quarterly high despite capacity cap

China's primary aluminium production hit a record quarterly high in July to September, official data showed on Monday, as smelters maintained high operating rates despite a longstanding... 

Peabody evacuates workers at Wyoming mine after MSHA danger order

Peabody Energy's Powder River Mining unit said no miners were injured after workers were evacuated from part of its North Antelope Rochelle mine in Wyoming following an MSHA imminent danger order.... 

Woodside natural gas project unit paused after Greenpeace protest off Western Australia

Woodside said operations remained paused on Sunday at a floating production unit, part of its $12.5 -billion Scarborough natural gas project off the coast ‌of Western Australia, owing to a... 

Antofagasta's Centinela strike ends after deal with unions

Workers from two unions at Chile's Centinela copper mine have ratified an agreement reached with Antofagasta Minerals on a new collective bargaining contract, ending a strike of more than a week,... 

Australia's South32's first-quarter copper output rise, slightly misses estimates

Diversified miner South32 on Monday posted a 2% rise in first-quarter copper production helped by mining ore with a higher copper content as it had planned,but the output was slightly below market... 

Australia's New Hope to fold Malabar Resources into $4.39bn coal group in all-scrip deal

Australian coal miner New Hope said on Monday it would acquire unlisted peer Malabar Resources in a deal valued at about A$2.4-billion ($1.67-billion), giving it full ownership of the Maxwell coal... 

Freeport bets on chemical solution to reach copper leaching target

Freeport-McMoRan is betting a new chemical compound can help it reach an ambitious target of extracting 800-million pounds of copper from waste rock each year and expand production beyond... 

Shenghe Resources says to sell majority stakes in some businesses

Shenghe Resources said it would sell majority stakes for its smelting and separation business for between 1.66-billion and 1.81-billion yuan ($248.44-million and $270.89-million) to a subsidiary of... 

Africa's minerals value-add drive interests investors but faces energy hurdle

As African nations push miners to build refineries and smelters at home, government and industry officials say a major obstacle risks crimping investment: a shortage of cheap, reliable electricity.... 

Canadian steelmakers offset some US tariff pain with domestic demand

Canada's steel industry, among the sectors hit first and hardest by US President Donald Trump's tariffs, is starting to turn a corner thanks to an uptick in mining, energy and AI data center... 

Austrian investor rushes to boost copper production at old Chile mine

A US company founded in 2025 by an Austrian investor is working to boost production at the Chilean mining complex Tres Valles to profit from a looming global shortage of copper, Reuters has... 

AFC eyes iron-ore and uranium investments in Africa

The Africa Finance Corporation (AFC) is looking for investments in iron-ore and uranium as it seeks to expand its reach in critical minerals projects on the continent, the agency's head of mining... 

Aluminium heads for surplus in 2027 as supply shock fades

Aluminium is expected to swing into a surplus in 2027, potentially of more than one-million metric tons, as analysts eye a wave of new supply from Indonesia and a recovery in flows from Gulf... 

BHP sues union at Spence copper mine over 'illegal' stoppages

Global miner BHP has sued the workers' union at its Spence copper mine in Chile over two work stoppages it deemed "illegal" because they occurred outside a scheduled negotiating period, a court... 

IEA to speed up oil stocks release including over 20m barrels of diesel

The International Energy Agency (IEA) agreed on Thursday to release over 20-million barrels of diesel to the market and any oil remaining from a record emergency reserves release pledged in March... 

Australia's PLS greenlights $1.3bn expansion to lift Pilgangoora lithium output

Australia's PLS Group approved an A$1.9-billion ($1.31-billion) expansion of its Pilgangoora lithium mine on Friday, betting that growing electric-vehicle adoption will support long-term demand for... 

Australia names offshore site for Inpex-led Bonaparte carbon storage project

Australia on Friday designated the West Peron undersea rock formation, off the country's north coast, as a storage site for an 8-million metric ton-per-year Bonaparte carbon capture and storage... 

World Bank's Banga sets goal of quintupling critical minerals financing in five years

World Bank President Ajay Banga on Friday said the development lender has set a goal of quintupling its critical minerals business in five years, and has identified 20 countries that it can partner... 

Deaths prompt South African miners' safety review, Minerals Council CEO says

South African miners are reviewing safety protocols as the number of fatalities this year is already above the last two, Minerals Council South Africa CEO Mzila Mthenjane told Reuters. Fifty-three... 

Eskom revamps its strategy as monopoly fades

South Africa’s State power utility is looking to develop new revenue streams as it prepares to unbundle and relinquish its dominance in electricity generation and transmission. Eskom executives are...