BMW, Yamaha Motor back US rare earths startup Phoenix Tailings
2025-07-11
BMW and Yamaha Motor have invested in US-based rare earths processing startup Phoenix Tailings, the latest move by manufacturers to boost production of the strategic metals outside of China.
Nippon Steel offers Biden veto over US Steel output, report says
2025-07-04
Nippon Steel Corp. offered to give the US government a veto over any reduction in US Steel Corp.’s production capacity in a last-ditch effort to get President Joe Biden’s approval for its takeover of the American steelmaker, the Washington Post reported.
Mandalay Resources seeks to become a mid-tier gold producer
2025-06-27
Mandalay Resources (TSX: MND) has a three-pronged strategy to expand into a mid-tier gold producer, Edison Nguyen, director of business evaluations and investor relations, says in a new video.
Iron ore price rebounds on improving steel margins, falling portside stocks
2025-06-20
Iron ore futures prices rebounded on Monday, helped by improving steel margins, falling portside stocks and stimulus hopes in top consumer China, although gains were limited by seasonally slow demand.
Asante nets $500m forward purchase deal for gold produced at Bibiani
2025-06-12
Chief executive Dave Anthony said this payment will enable Asante to “immediately accelerate” the ramp-up of mining activities and completion of the sulphide treatment plant at Bibiani, a crucial part of the company’s plans to grow the mine’s annual gold production to over 250,000 oz. Once complete, the plant is expected to significantly boost its gold recovery rate from the current 70% to nearly 92%.
Vedanta signs MOU to invest in Saudi Arabia and boost copper output
2025-06-05
Vedanta Copper International, a 100% subsidiary of Vedanta Ltd, has signed a memorandum of understanding (MOU) with the Ministry of Investment and Ministry of Industries & Mineral Resources of the Kingdom of Saudi Arabia.
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