Uranium equities are diverging from the metal even as AI-driven nuclear demand narratives persist, with spot prices at multi-year highs while producers and ETFs

Rio Tinto flagged higher fuel costs from the oil price shock while arguing Australian operations gain a relative advantage over rivals.

September shipments fell 67.2% to 0.7 Mt, a drag on Indian mining output and third-quarter GDP.

The plan would extend Western rare earth processing capacity beyond Malaysia and Australia as buyers seek non-China supply.

Record copper prices are lifting valuation estimates across diversified miners and reshaping resource endowment valuations for Chinese producers.

Bullion's advance ahead of the inflation print keeps Fed rate-cut bets and gold miner valuations in focus.

The larger binding offtake strengthens the commercial case for Arafura's Nolans project, which is backed by Gina Rinehart.

Indian steelmakers are benefiting from tariff-driven pricing while a draft policy targets 604 Mt of domestic capacity by 2047.

The deal adds a copper-gold development asset to Seabridge's North American portfolio and hands Orogen a royalty-linked exit.

Firmer spot buying lifted import margins, but stock builds and maintenance at Chinese mills capped the upside.

The spin-off separates rare earths assets including Narraburra from Orbit's base and precious metals focus, with a priority offer for existing shareholders.

Fortescue is accelerating African iron ore development even as its shares remain down sharply in 2026.

The bank's call contrasts with bullion's recent run to record levels and adds debate over the sustainability of the rally.

The decision locks in a transition from open-pit to underground operations at the Savage River iron ore mine in Tasmania.

The expansion bid comes as the company welcomes EU strategic project designation for Neo Performance Materials' Silmet 2.0.

The JV would pair Japanese strategic funding with Namibia's heavy rare earth deposit.

The find supports Talon's exploration case near its Tamarack nickel project in Minnesota.

Power supply is a key step for planned US production of recycled rare earth magnets.