China’s copper imports from the United States fell sharply in March 2025, dropping 1.9 times to $204.8 million—the lowest level for bilateral trade since April 2023 and significantly below last year’s monthly average of $371.9 million, according to Chinese customs data. The decline comes amid escalating tariffs and shifting trade flows, with Chinese smelters and...
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Nornickel, one of the world’s largest producers of nickel and palladium, maintained stable production in the first quarter of 2025, with only marginal declines in most key metals despite persistent headwinds in the global metals market. The company reported a 1.1% year-on-year decrease in nickel output to 41.6 thousand tonnes, a 0.4% dip in copper...
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The Antamina copper mine, one of Peru’s largest and a key global supplier, has initiated a full security shutdown following a fatal accident on Tuesday that resulted in the death of a senior operations manager and left another high-ranking employee injured. The incident occurred at the Yanacancha mining camp in the Ancash region while the...
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QuesTek Innovations and Stoke Space have developed a novel nickel-based superalloy tailored for additive manufacturing and extreme high-pressure, high-temperature oxygen environments—an achievement critical to enabling fully reusable space launch systems. The alloy, designed using QuesTek’s ICMD digital materials engineering platform, has been qualified for use and meets all targeted performance benchmarks. It is engineered to...
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Canstar Resources has entered into a letter of intent with VMS Mining Corporation (VMSC) to form a $11.5 million exploration joint venture focused on advancing high-grade volcanogenic massive sulphide (VMS) projects in Newfoundland. The JV aims to accelerate drilling and geophysical programs at Canstar’s Buchans and Mary March properties, located near several historical high-grade VMS...
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Chinese copper smelters increased refined copper production to a record 1.25 million tons in March 2025, up 8.6% from the previous year, as rising prices for by-products like gold and sulphuric acid helped ease the pressure from negative processing margins. According to China’s National Bureau of Statistics, this surpassed the previous monthly high of 1.24...
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CleanTech Lithium has announced a partnership with DuPont Water Solutions to test an advanced nanofiltration membrane for lithium extraction, aiming to improve efficiency and reduce costs in the production of battery-grade lithium carbonate. The new technology, developed by DuPont, is designed to selectively remove impurities while maximizing lithium recovery. CleanTech will evaluate its performance within...
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Mozal Aluminium, operated by South32 in Mozambique, increased its production by 12% to 265,000 tonnes in the nine months to March 2025, up from 237,000 tonnes in the same period last year. Third-quarter output surged 23% to 87,000 tonnes, compared to 71,000 tonnes a year earlier. The Beluluane-based smelter’s annual production guidance remains unchanged at...
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French industrial firm Arverne Group has commenced construction of a Direct Lithium Extraction (DLE) demonstration plant in the Bas-Rhin region of Alsace, advancing efforts to produce battery-grade lithium from geothermal brines. The facility represents a significant milestone in the company’s strategy to integrate geothermal energy and lithium production in the Rhine basin. Supported by public...
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Zijin Mining has completed the acquisition of the Akyem gold mine in Ghana, further cementing its status as a major global gold producer. The deal strengthens Zijin’s growing gold portfolio, which already includes key assets such as the Rosebel and Aurora mines, and supports the company’s goal of surpassing 100 tonnes of mined gold annually...
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Russian state development bank VEB will invest more than 1.1 trillion rubles ($13.4 billion) in the development of the Baimskaya copper mine in Chukotka, a remote region in Russia’s Far East where about half the territory lies above the Arctic Circle. The investment, one of the largest in the Arctic mining sector, is expected to...
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Chinese aluminum producers are accelerating their overseas expansion plans, maintaining confidence in global market demand despite new trade barriers introduced by the United States. At a recent industry conference in Suzhou, executives from leading firms such as Jiangsu Dingsheng New Materials and Henan Mingtai Aluminum emphasized that U.S. President Donald Trump’s 25% blanket tariffs on...
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Swedish commercial vehicle manufacturer Scania has finalized the acquisition of Northvolt’s heavy-duty industrial battery pack division, marking the first asset sale since Northvolt filed for bankruptcy in March. The financial terms of the transaction were not disclosed. The business unit, previously known as Northvolt Systems Industrial, produces battery systems for heavy machinery and equipment used...
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Alcoa has reported $20 million in added costs for the first quarter of 2025, directly tied to new U.S. tariffs on aluminum imported from Canada. The 25% tariff, enacted on March 12, is projected to push the company’s second-quarter costs to $90 million, according to CFO Molly Bierman. The impact could worsen over the course...
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China’s imports of unwrought aluminium and aluminium products fell by 10.6% year-on-year in March 2025, totaling 340,000 metric tons, according to data from the General Administration of Customs. For the first quarter of 2025, imports amounted to 950,000 tons, a 14% decline compared to the same period last year. The figures include primary metal as...
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LevertonHelm has launched a new £30 million (US$40 million) lithium chloride production plant in Basingstoke, marking a significant investment in the UK’s battery materials infrastructure. With a production capacity of 10,000 tonnes per year, the plant is now the largest of its kind in Europe, converting lithium carbonate—imported primarily from South America—into a 40% lithium...
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Indonesia has enacted a new royalty framework for metal producers, linking levies to commodity prices in a bid to boost state revenue for key government initiatives. The updated rules were outlined in a regulation document issued on April 11 and take effect 15 days after registration. Under the changes, the previous fixed 10% royalty on...
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Swiss mining group Glencore is facing a $4.7 billion revised tax bill from the Democratic Republic of Congo’s tax authority, according to a report published by Africa Intelligence on April 16. The assessment targets two of the company’s subsidiaries operating in the country: Kamoto Copper Company (KCC) and Mutanda Mining. The Congolese Directorate General of...
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Canada’s Finance Minister François-Philippe Champagne has announced a series of relief measures aimed at easing the burden of countermeasure tariffs on Canadian businesses and institutions impacted by the ongoing trade dispute with the United States. One key initiative is a performance-based tariff remission framework for automakers. Companies that continue to manufacture vehicles in Canada will...
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Russia’s state-run diamond miner ALROSA is expanding its exploration and development efforts beyond diamonds, citing signs of polymetal occurrences in Yakutia and a broader push into gold mining. The company plans to evaluate the commercial potential of these additional resources, aiming to list them on its balance sheet. Company head Pavel Marinychev confirmed during the...
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Gold prices rose on Tuesday, buoyed by investor uncertainty over U.S. trade policy and a declining dollar, as market participants continued to seek refuge in safe-haven assets. Spot gold increased 0.6% to $3,230.18 per ounce by mid-afternoon in New York, just shy of the record high of $3,245.42 set on Monday. U.S. gold futures settled...
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Krastsvetmet boosted its refined gold production to 198 tonnes in 2024, marking a 9.4% increase compared to the previous year, according to recently published data. Despite the rise in output, the company’s dominance in the Russian gold refining sector slipped, with its market share dropping by 1 percentage point to 55%. The decline in market...
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Chile, Canada, and Peru — the three largest suppliers of copper to the United States — have formally urged the Trump administration to avoid imposing tariffs on copper imports, arguing that their shipments pose no threat to U.S. national security and are essential to the country’s industrial supply chain. The appeals come in response to...
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Teck Resources reported zinc concentrate production of 146,000 metric tonnes in the fourth quarter of 2024, bringing its full-year total to 615,600 tonnes—aligning with the company’s previously issued production guidance. The majority of output came from the Red Dog mine in Alaska, which accounted for 555,600 tonnes of the annual total. The remaining 60,300 tonnes...
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