Mesabi Metallics announced $15B vertically integrated Iowa steel mill fed by Minnesota ore
The project would add significant US steelmaking capacity and is backed by political support, with potential implications for incumbent producers Nucor and Clev
ConstructConnect News · +12 outlets
India's Essar Group to invest $18B in US steel manufacturing, building America's largest plant
The Ruias' re-entry into steel via the US reflects how Trump-era tariffs are pulling foreign steel investment onshore.
Business Standard · +11 outlets
Hertha Metals raises $133.65M Series A for high-purity iron to feed domestic rare earth magnets
The Texas startup's funding shows investor appetite for building a domestic supply chain for magnet-grade iron outside China.
Business Wire · +3 outlets
Tronox and JX Advanced Metals sign $32M rare earth study agreement for Australia and US projects
The pact pairs a titanium miner with a Japanese metals group to develop rare earth feedstock in allied jurisdictions.
IndexBox · +7 outlets
USGS database update identifies 412 undeveloped critical mineral deposits in the US
The inventory gives policymakers and developers a map of untapped domestic critical mineral resources.
Proactive financial news · +2 outlets
DOE funds $29.5M for 17 mining technology projects across 12 national labs
Federal research spending targets extraction and processing technologies for domestic mining.
IndexBox · +3 outlets
Gold Mountain reports high-grade rare earth intercepts from Irajuba diamond drilling in Brazil
The results advance the ASX junior's Brazilian rare earth prospect amid growing investor interest in non-Chinese supply.
Kalkine · +2 outlets
UBS says iron ore consensus is too low, sees upside for BHP, Rio Tinto and Fortescue
The bullish broker call runs against a spot market weakened by soft Chinese demand and ample supply.
Market Index · +6 outlets
India plans steel capacity push to 600 million tons by 2047, ministry says
The long-range target implies a major expansion of Indian steelmaking and raw material demand.
Livemint · +9 outlets
Iron ore spot prices fall to over one-month low in China on weak demand and ample supply
Soft Chinese steel demand and plentiful cargoes are pressuring seaborne iron ore prices and mill margins.
BigMint · +13 outlets
CMES signs $2.8bn 25-year contract to ship Simandou iron ore
The long-term charter underscores the scale of logistics being built around the giant Simandou project.
IndexBox · +3 outlets
Gina Rinehart's rare earth holdings show A$680M paper loss on MP Materials and Lynas
The markdown illustrates how volatile rare earth equities have been for even the sector's largest private backers.
IndexBox · +2 outlets
India steel output rises 3% and consumption climbs over 8% in Q1 FY2026
Strong demand growth underpins India's ambitions to expand domestic steel capacity.
DD News · +1 outlets
Rio Tinto expands internal commercial metals trading desk
The miner is deepening trading operations to capture more value from metals marketing.
Shanghai Metals Market · +1 outlets
Copper Intelligence and CoTec launch DRC copper tailings joint venture
The venture targets reprocessing tailings in the Democratic Republic of Congo as copper demand rises.
IndexBox · +11 outlets
Copper overtakes iron ore as BHP's profit engine, analysis asks
Copper's rising contribution reframes the earnings mix at the diversified miner.
Kalkine Media · +3 outlets
Germany's Stahl-Holding-Saar enters new construction phase on steel project
The German steelmaker's buildout proceeds amid European efforts to decarbonise steelmaking.
Shanghai Metals Market
South Africa positioned to become key player in global rare earth supply chain by 2034, SMM analysis says
African rare earth projects are drawing attention as buyers seek supply outside China.
Shanghai Metals Market · +1 outlets