Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement

Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo’s Infrastructure Minister Alexis Gisaro Muvunyi said on Thursday.

Cliffs CEO weighs lowball bid for US Steel with union backing

Cleveland-Cliffs Inc. chief executive officer Lourenco Goncalves said he’d consider another bid — with union support — for United States Steel Corp., albeit at a significantly lower price than the existing offer from Nippon Steel Corp.

Albemarle to auction lithium as part of push for price transparency

Albemarle, the world’s largest producer of lithium for electric vehicle batteries, said on Wednesday that it will hold several auctions to sell supplies of the metal as part of a push to boost market transparency.

Exxaro still keen on copper after Botswana setback

South African coal miner Exxaro Resources is considering potential deals to acquire copper and manganese assets as part of its diversification strategy, chief executive Nombasa Tsengwa said on Thursday.

Guinea junta names new mines minister

Guinea’s junta named a new mines minister on Wednesday, state television said, citing a decree that showed the role was given to Bouna Sylla, former head of the state company that managed infrastructure projects on the giant Simandou iron ore project.

Copper price soars to 7-month high on China’s plans to cut output

Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut.

US bill supporting seafloor mining lifts The Metals Company

The Metals Company (Nasdaq: TMC) shares soared on Wednesday after Congresswoman Carol Miller (R-WV) and Congressman John Joyce (R-PA) introduced a Bill to increase US support for deep-sea mining.

Wyloo says industry will turn from LME without green nickel

Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn’t launch a green nickel contract, the industry will have to look for another trading venue.

China’s top copper smelters agree on rare joint production cuts

Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to sources with knowledge of the plans.

Teck Resources mulls British Columbia battery recycling plant

Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday.

Liontown Resources enters $363m debt facility for lithium project ramp-up

Australia’s Liontown Resources said on Wednesday it has entered a A$550 million ($363.2 million) debt facility for the planned ramp-up and expansion of its flagship Kathleen Valley lithium project in Western Australia.

Precious metals may be replaced by iron, manganese, cobalt in “green” catalysts

A researcher at the Leibniz Institute for Catalysis in Rostock has developed new methods for the synthesis of drug precursors using catalysts made of iron, manganese and cobalt.

Alcoa to buy Australian partner Alumina in $2.2bn all-stock deal

Alcoa will buy Alumina in an all-stock deal that values the Australian firm at $2.2 billion, and makes the US company one of the world’s largest producers of alumina and bauxite.

Pilbara Minerals signs offtake agreement with China’s Sichuan Yahua

Pilbara Minerals said on Tuesday it has signed an agreement with Sichuan Yahua Industrial Group for the supply of spodumene concentrate from the lithium miner’s Pilgangoora operation in Western Australia.

Copper fees plunge close to zero in test for China’s smelters

China’s copper smelters are at a critical juncture after fees for processing imported ore collapsed to single figures, raising focus on whether they will keep resisting pressure for production cuts.

AI can potentially estimate global environmental destruction due to road development for mining

Recent tests of an AI system showed that it can detect how poorly regulated road development for mining, logging and land clearing is triggering dramatic increases in environmental disruption.

Perseus extends OreCorp takeover bid to April

Australia’s Perseus Mining is not giving up on its plans to acquire African gold developer OreCorp, releasing on Friday a second supplementary bidder’s statement that extends its off-market offer to April 19.

Panama asks First Quantum to suspend visitor program at disputed copper mine

Panama said on Wednesday it had asked First Quantum Minerals to suspend a visitor program launched last month at the disputed Cobre Panama mine, saying the miner did not consult the government before starting the community relations initiative.

Jervois Global blames Chinese overproduction for job cuts

Australian miner Jervois Global Ltd. is cutting costs and jobs in response to a plunge in cobalt prices that it’s blaming on Chinese oversupply.

China’s copper smelters to discuss production cut as fees slump

China’s biggest copper smelters are set to meet in Beijing next week to discuss measures to counter a plunge in ore processing fees to the lowest level in years, including potential production cuts.

Rio Tinto says checking impact of gas pipeline incident on Gladstone operations

Rio Tinto said on Thursday it had been notified of an incident at its Queensland gas pipeline, which Australian media had earlier said was a fire that had impacted supplies.

US court sides with Apple, Tesla, other tech companies over child labor in Africa

A federal appeals court on Tuesday refused to hold five major technology companies liable over their alleged support for the use of child labor in cobalt mining operations in the Democratic Republic of the Congo.

Sprott Asset Management launches copper miners ETF

Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday.

First Quantum’s Panama mine closure to cost around $800m, minister says

The cost of the closure of Canadian miner First Quantum’s copper mine in Panama is estimated at around $800 million, Trade and Industry Minister Jorge Rivera said on Wednesday.

US imposes preliminary duties on aluminum extrusions from China, Indonesia

The US Department of Commerce announced on Tuesday preliminary countervailing duties on aluminum extrusions from China, Indonesia, Mexico and Turkey, citing unfair subsidies.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar