Canadian PM Says Aluminium Tariffs Borne by US Side, Could Be Key to Bilateral Trade Deal
The Canadian Prime Minister said the cost of aluminium tariffs is borne by the US side, which could become key to the two countries' trade agreement.
The Canadian Prime Minister said the cost of aluminium tariffs is borne by the US side, which could become key to the two countries' trade agreement.
Atalco, the only bauxite refinery in the US, faces environmental penalties over a red mud leak, with negotiations ongoing.
On Thursday, manganese-silicon futures strengthened, with the main contract closing at 5,676 yuan/tonne, up 1% from the previous session, and open interest down 43,321 lots to 406,600 lots. A major Hebei steel mill launched an August tender for 21,100 tonnes at an inquiry price of 5,800 yuan/tonne, down 150 yuan/tonne from July.
Affected by declining ore grades at Escondida and production challenges at Pampa Norte, BHP's H1 copper output fell 6% y/y to about 968,700 tonnes. Freeport-McMoRan's consolidated output dropped 18.4% y/y in Q2 and 20.9% y/y in H1.
Guinea signed the foundational convention for a state-owned mining company, advancing its bauxite sovereignty strategy.
India's state-owned Coal India has become the preferred bidder for the Gadadharpur iron ore block in Odisha, as it seeks to expand beyond coal into other mineral resources. The auction premium offered was 114.05% of the value of mineral shipments.
Ekapa mine in South Africa faces power disconnection due to unpaid fees, with a risk of shaft flooding within 48 hours.
An analysis of global lithium resource market growth trends from 2026 to 2033.
Lithium ore spot inventories rose month-on-month, while trading-sector shipments remained slow.
PT Vale Indonesia's Q2 nickel matte production rose, supported by commissioning of Furnace No. 3.
Indonesia plans new commodity export regulations, tightening oversight of nickel and coal trade.
Sulfuric acid supply disruption in the DRC Copperbelt may lead to copper smelting output cuts.
Iron ore giant Radiant World is suspected of forging documents, leading banks to freeze its accounts and both Rio Tinto and Vale to stop new cooperation.
Guinea's Nimba Mining has signed a mining convention, providing a legal framework for the bauxite project.
Albemarle's Q2 results beat expectations; strong lithium demand drives shares up over 6%.
DR Congo has banned exports of copper and cobalt concentrates, lifting copper prices. Listed companies have responded.
Deutsche Bank freezes accounts, two major mines halt new cooperation! $12 billion iron ore trading giant...
The copper and cobalt export ban in DR Congo is effective long-term, with an exemption period of up to one year.