Focus on Minerals
BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
BMW and Yamaha Motor have invested in U.S. startup Phoenix Tailings to enhance rare earth processing, reducing reliance on China.
Cocoa tops global commodities rally for 2nd year, steel ingredients struggle on China demand
Cocoa and coffee prices surged in 2024 due to global supply deficits, while steel-making coal struggled amid China's slow growth.
Brazil’s Vale reaches $1.8 billion railway concessions deal
Vale agrees to pay up to 11 billion reais for railway concessions, revising contracts extended to 2057 under new terms.
China to cut import tariffs on some recycled copper and aluminium raw materials
China will cut import tariffs on ethane and some recycled metals from Jan. 1, 2025, to boost imports and green development.
El Salvador Congress votes to end ban on metal mining
El Salvador's Congress has approved a bill promoted by President Nayib Bukele to roll back a ban on the mining of metals, dismaying...
Arcadium Lithium shareholders approve $6.7 billion Rio Tinto deal
The deal, which will catapult Rio Tinto into the position of the world's third-largest lithium miner, is expected to close in mid-2025.
Chile files four environmental charges against Anglo American mine
Los Bronces is one of Chile's biggest copper mines with output of 255,000 metric tons last year, as well as a key project...
Chile’s Codelco seeks permit for $800 million mine extension
Codelco has requested an environmental permit to extend the life of its Gabriela Mistral copper mine by more than 25 years.
Lithium Americas and GM close joint venture for Thacker Pass mine in Nevada
Lithium Americas closes its JV with GM for Thacker Pass mine, with a $625M investment for a 38 per cent stake; production starts...
Inter-American Court rules Colombia drilling violated native rights
The Inter-American Court ruled Colombia violated U'wa Indigenous rights by allowing resource projects on their ancestral lands, demanding remedies.
