Archive snapshot · Materials
Wed, Oct 14, 9:31 PM ET
BHP cuts 300 jobs at Pilbara iron ore mines as costs and China pressure mount
The job reductions at Australia's largest iron ore operations come as producers face rising costs and weaker Chinese steel demand that has pushed prices lower.
Mining.com.au · +14 outlets
Global iron ore prices fall about 20% as China steel demand weakens
Iron ore benchmarks have slid as post-holiday Chinese demand stays subdued and expectations of rising Q4 supply weigh on the market.
TradingView · +13 outlets
Rio Tinto Q3 iron ore sales rise as Simandou ramp-up advances
Rio Tinto reported higher iron ore sales for the third quarter as its giant Simandou project in Guinea continues to ramp up production.
SteelOrbis · +7 outlets
Cameco stock falls on surprise loss even as uranium hits 19-year high
The uranium producer's shares dropped after an unexpected quarterly loss, even as spot uranium prices reached their highest level in nearly two decades.
Startup Fortune · +1 outlets
Diesel price shock could cost Rio Tinto an extra $530 million
Rio Tinto warned that elevated fuel costs tied to an oil price shock present a significant added cost, while noting it may advantage Australian miners relative
The West Australian · +2 outlets
Lynas plans Brazil rare earths plant with state support
The world's largest rare earths producer outside China is planning a Brazilian facility backed by government support.
Mining.com · +14 outlets
Gold and silver drop as hotter CPI revives Fed-rate pressure
A hotter-than-expected inflation reading renewed expectations of tighter Federal Reserve policy, pressuring precious metals.
Kitco · +14 outlets
Nexon Geochem to invest Rs 1,250 crore in Andhra Pradesh rare-earth magnet plant
The Indian plant aims to reduce the country's reliance on imported rare-earth magnets.
Moneycontrol.com · +9 outlets
Spot uranium at $90 but mining stocks plunge as AI nuclear demand fails to lift shares
Uranium equities have sold off despite elevated spot prices, suggesting investors doubt that AI-driven nuclear demand will translate into near-term producer ear
Moomoo · +9 outlets
India's iron ore exports fall to a near four-year low in September
Indian iron ore exports dropped to their weakest level in almost four years on subdued Chinese demand.
GMK Center · +13 outlets
India steel prices hit four-year high; Nomura retains Buy on Tata Steel, JSW Steel
Nomura remains bullish on Indian steelmakers as hot-rolled coil prices reach a four-year peak.
Moneycontrol.com · +4 outlets
Grange Resources approves Savage River underground mine to extend pellet output through 2035
The approval extends the life of the Tasmanian iron ore pellet operation by transitioning production underground.
Small Caps · +2 outlets
China to continue regulatory measures in iron ore and coal futures trading
Beijing will maintain oversight of commodities futures as it seeks to curb speculation.
SteelRadar · +13 outlets
Namibia Critical Metals nears close of Lofdal rare earths JV with JOGMEC, Toyota Tsusho
The company is finalizing a joint venture with Japanese partners to develop its Namibian rare earths project.
Proactive financial news · +3 outlets
Orbit Resources launches $12 million Matrix Critical Minerals spin-off
The spin-off centers on the Narraburra rare earths project and opens an IPO with priority for Orbit shareholders.
https://streamlinefeed.co.ke/ · +6 outlets
Mkango's HyProMag USA secures power for Texas rare earth magnet hub
The power agreement advances a US rare earth magnet recycling and production facility tied to Mkango's subsidiary.
Share Talk · +7 outlets
Seabridge Gold acquires Wyoming copper-gold project from Orogen Royalties
The Slaughterhouse project adds an Olympic Dam-style copper-gold and critical minerals play to Seabridge's portfolio.
the deep dive · +1 outlets
Greenland Mines welcomes EU strategic project designation for Neo Performance Materials Silmet 2.0
The designation gives EU strategic status to a rare earth processing project linked to Greenland Mines' partner.
USA Today · +1 outlets

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