Vale Indonesia, the Jakarta-listed nickel miner 60 percent owned by Vale Base Metals and state holding MIND ID, plans to raise US $500 million in early 2026 from a syndicate of local and international banks and a further US $500-700 million via bonds in 2027, chief financial officer Andaru Brahmono Adi told investors in Jakarta....
READ MOREChina’s General Administration of Customs, the national trade monitor, said imports of unwrought aluminium and products reached 300,000 t in June, up 24.1 % from a year earlier, while bauxite arrivals soared 36.2 % to 18.12 Mt, underscoring the pull from smelters ramping output to multi-year highs. Smelter Restarts and Arbitrage Fuel Metal Flows Restarts...
READ MOREInalum, the state-owned aluminium producer, has asked the Indonesian government to tighten raw-material import rules and stimulate domestic demand after Washington doubled its tariff on imported aluminium to 50 per cent. Company president Melati Sarnita told Parliament the new US levy could slash exports of processed Indonesian products by about 30,000 tonnes next year, squeezing...
READ MOREInventories of aluminum in London Metal Exchange (LME) warehouses have fallen to their lowest levels since 2022, creating significant underlying volatility in the market despite a seemingly stable headline price. Stocks have decreased from over 1.3 million metric tonnes two years ago to approximately 345,000 tonnes as of mid-June 2025. This tightening of available supply,...
READ MOREAdani Enterprises, a diversified Indian conglomerate, has started processing ores at its new Kutch Copper smelter in Gujarat, India, after facing multiple delays. The facility, designed to be one of the world’s largest single-location smelters, commences operations at a time of unprecedented tightness in the global market for copper concentrate, the raw material it needs...
READ MOREThe Chamber of Mines of the Philippines (CoMP) has warned that the recent U.S. airstrikes on Iranian nuclear facilities are likely to heighten volatility in industrial metals markets, particularly nickel and copper, while prompting investors to seek refuge in gold. The assessment comes as global commodity and financial markets react to escalating geopolitical tensions in...
READ MOREThe International Copper Study Group, a global intergovernmental organization monitoring copper markets, reported that worldwide refined copper surplus declined marginally to 233,000 tonnes during the first four months of 2025 compared to 236,000 tonnes in the corresponding period of 2024. Global refined copper production increased 3.2% year-over-year to 9.4 million tonnes while consumption expanded 3.3%...
READ MOREEurasian Resources Group, a Kazakhstan-based mining conglomerate with operations across Africa and Central Asia, plans to invest $20 million in gallium production facilities that would position Kazakhstan as the world’s second-largest producer of the critical semiconductor metal after China. The company will extract gallium from bauxite ore waste streams at its existing alumina operations, targeting...
READ MOREFastmarkets, a London-based commodity intelligence firm specializing in metals and mining market analysis, forecasts that China will surpass Australia as the world’s largest lithium producer by 2026, marking a fundamental shift in global battery metal supply chains. Chinese mining operations are projected to extract 8,000-10,000 metric tonnes more lithium than Australian competitors next year, representing...
READ MOREIndonesia has attracted over $80 billion ($102.5 billion) in nickel smelting investments during the past decade and now seeks to replicate this success in copper processing, where the country operates only four copper smelters compared to more than 50 nickel facilities. The Southeast Asian nation’s copper industry has secured over $9 billion in recent investments,...
READ MORERusal, Russia’s largest aluminum producer and the world’s biggest primary aluminum manufacturer outside China, has completed strategic investments in Chinese and Indian alumina facilities to replace supply disruptions from Australia and Ukraine totaling approximately 2.8 million tonnes annually. The company acquired a 30% stake in Hebei Wenfeng New Materials for $316 million and agreed to...
READ MORESouth Korea’s three primary aluminum flat product manufacturers—Novelis Korea, Choil Aluminum, and Daeho Al—collectively reported an increase in sales and domestic shipments in May 2025. Total sales for the month reached 78,898 metric tonnes, a 3.1% gain from 76,508 tonnes a year prior. Domestic shipments rose by 6.7% to 25,600 tonnes. However, the impact of...
READ MOREContemporary Amperex Technology, China’s largest battery manufacturer, has commenced construction of an integrated battery production facility in Indonesia through a joint venture with Indonesia Battery Corporation and state-owned PT Aneka Tambang. The project targets initial production capacity of 6.9 gigawatt-hours by late 2026, expanding to 15 GWh for electric vehicle applications, while Indonesian officials suggest...
READ MOREChina’s Ministry of Commerce, the country’s trade regulator, and the Ministry of Science and Technology, its policy adviser, have revised the national list of technologies subject to export controls for the fourth time since 2001. The move inserts lithium-iron-phosphate (LFP) battery-cathode preparation technology into the “restricted” column—requiring exporters to obtain a licence—while deleting three construction-related...
READ MORESaudi Arabian Mining Company, the Kingdom’s largest diversified mining enterprise and a subsidiary of the Public Investment Fund, has completed the acquisition of minority stakes in two aluminum-related subsidiaries through a combination of share issuance and cash payments totaling $150 million. The transaction provides Maaden with full ownership of Maaden Bauxite and Alumina Company and...
READ MORESK Nexilis, a subsidiary of SKC specializing in copper foil manufacturing for secondary batteries, has secured a $110 million investment from Japan’s Toyota Tsusho. The deal, formalized at a signing ceremony in Seoul on June 18, 2025, involves the transfer of a partial stake in SK Nexilis’ Malaysian subsidiary to Toyota Tsusho. This partnership is...
READ MOREA two-member expert committee has submitted recommendations to Tamil Nadu Chief Minister M.K. Stalin for reopening Vedanta’s shuttered Sterlite Copper smelter in Thoothukudi through a “green restart” approach, seven years after the facility’s closure following deadly protests that killed 13 civilians. The proposal comes amid global copper supply constraints and mounting pressure on Western smelting...
READ MOREHindustan Copper, India’s only integrated copper mining company, has launched an expansion program to increase its ore production capacity from 3.75 million tonnes per annum to 12.2 MTPA by fiscal year 2030. The state-owned enterprise plans to invest Rs 2,000 crore ($238 million) over the next five years through internal funding to scale operations across...
READ MOREChina has made a huge lithium ore deposit discovery with 490 million tons of lithium and companion minerals in Hunan Province, another advance in the nation’s drive to lock in domestic battery metal supplies. The find in the Jijiaoshan mine area of Linwu County is one of China’s largest mineral discoveries in recent years and...
READ MOREKuvimba Mining House, the state-owned diversified miner, and two yet-to-be-named Chinese partners will break ground in the third quarter on a 600,000-tonnes-per-year lithium-concentrate plant at Sandawana in southern Zimbabwe, the company confirmed last week. Chief executive Trevor Barnard said the venture, budgeted at US $270 million, should be commissioned in early 2027—timed to coincide with...
READ MORESilvercorp Metals, a Canada-based silver-and-zinc miner, and Kazakh Invest, the state investment promotion agency, have opened talks on a potential exploration push that could see Silvercorp deploy its digital mine-management model in Central Asia. The company’s leadership team, including founder and chief executive Rui Feng, met officials in Astana last week after posting record annual...
READ MOREGlencore, the Swiss commodities miner-trader, and Kazzinc, its 70 %-owned Kazakh zinc and precious-metals producer, have agreed to accelerate upgrades at smelters and mines in East Kazakhstan, Akmola and the newly created Ulytau region after talks in Baar with Kazakh Ambassador Kairat Sarzhanov and chief executive Gary Nagle. The initiative follows a 53,600-tonne jump in...
READ MOREZangge Mining—the Qinghai brine producer now under Zijin Mining’s wing—has been ordered to pull the plug on lithium extraction at the Chaerhan salt lake. The stoppage knocks as much as 5,600 tonnes of lithium-carbonate equivalent (LCE) out of second-half supply and has already jolted the Guangzhou futures market: the most-traded contract hit CNY 69,980 a...
READ MOREPolyus, Russia’s biggest gold miner, and Nornickel, the world’s leading palladium supplier, have quietly stepped up deliveries of gold- and silver-rich ores to China, pushing first-half exports of precious-metal materials to about $1 billion—an 80 per cent jump from a year ago, Chinese customs data collated by Bloomberg show. The shift underscores how Western sanctions...
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