Mexico has released a 2026-2030 institutional plan for lithium mining to strengthen autonomous development of the lithium industry chain.
Walsin Lihwa said in an earnings call that Indonesia's RKAB approval quotas have been tightened.
Guinea has granted Glencore exclusive purchase rights for state-owned bauxite.
Indonesia's Weda Bay nickel mine plans to add 25 million tonnes to its RKAB quota.
BHP lowered its fiscal-year copper production guidance, sending its share price lower.
Nanshan Aluminum International expects H1 net profit to decline by 72.6%-76.6% year-on-year.
Indonesia has resumed exports of nearly 400,000 tonnes of mineral products, with alumina shipments restarting.
According to the U.S. Commodity Futures Trading Commission CFTC : For the week ended Aug 4, COMEX gold speculators' net long positions increased by 12,070 contracts to 132,
Canada is reportedly prepared to end provincial bans on U.S. alcohol and adjust dairy and auto tariff policies in exchange for the U.S. dropping a threatened new 50% tariff and providing relief on steel and aluminum tariffs.
On Thursday, silico-manganese futures strengthened in volatile trading, with the main contract closing at 5,676 yuan/tonne, up 1% from the previous session, while open interest fell by 43,321 lots to 406,600 lots.
The silico-manganese market fluctuated, with futures contract 2609 closing at 5,668. HBIS's first-round inquiry for August was 5,800 yuan/tonne, down 150 yuan from July; inventories accumulated to 463,000 tonnes.
US copper futures briefly rose to about $6.90 per pound on Thursday, setting a new record.
This week, the nickel pig iron market was disrupted by Indonesia RKAB quota news, with sentiment fluctuating and prices broadly stable but bargaining escalating.
On August 7, the main coke contract rose over 3% intraday, currently quoted at 1,875 yuan/tonne.
A lithium exploration boom is emerging in West Africa, with Australian companies accelerating their push into Mali and Ghana.
The Democratic Republic of Congo announced a copper concentrate export ban on August 6, igniting market sentiment.
Senegal has introduced a digital platform to track miners and gold flows in order to combat illegal mining.
Tianhua Xinneng will begin monthly maintenance on its lithium salt production line in August.