Canada Rare Earth sets up supply operations in the DRC

Canada Rare Earth Corp. (TSXV: LL) announced it has established rare earth supply operations in the Democratic Republic of Congo (DRC) through its wholly owned subsidiary Simba Essential Minerals.

Uranium developers say supply jolt is boosting new projects

Uranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts.

Hedge funds ramp up copper bets as supply shocks reverberate

A number of hedge fund managers are betting that copper stocks are significantly undervalued, as they position themselves for gains this year.

Funds sell copper as weak demand trumps supply pressures

Funds are adopting an increasingly bearish stance in the copper market, preferring to focus on a globally weak demand picture rather than signs of supply-chain stress.

Nickel price crash seen extending Indonesia’s grip on supply

A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s dominance of global supply.

Uranium miners posed to extend gains on supply crunch

Uranium-mining stocks are poised to extend their red-hot run in 2024 as a supply crunch sends the price of the yellow metal even higher, according to Sprott, a commodities-focused investment manager.

Korea battery makers eye Chile lithium investments to supply US

Lithium heavyweight Chile is drawing interest from South Korean battery makers keen to develop processing plants there, the head of a government agency said.

China copper smelter margins squeezed by tight supply of raw material

Competition for mined copper supplies is expected to intensify, further eroding margins for Chinese firms that produce half the world’s refined copper, but significant output cuts that tighten the metal market are unlikely.

Circular economy can greatly increase secondary supply of REE in next three decades

Mining News Pro - An international team of researchers has presented a novel integrated model that quantifies how circular economy strategies can reshape global supply chains of critical rare earth elements, such as neodymium, dysprosium and terbium.

Aluminum price climbs as Goldman sees larger supply deficit

Mining News Pro - Aluminum steadied, bucking a broader slide among industrial metals, with traders focusing on a likely shortfall in supply of the metal next year amid constraints on Chinese supply.

European companies exploring ways to boost rare metal supply

Mining News Pro - European companies are exploring ways to replace the gallium and germanium supply put at risk by China’s export curbs after pressure from EU authorities, but the industry says incentives will be needed to make critical mineral production viable.

EU makes deal to boost domestic supply of key raw materials

Mining News Pro - The European Union reached a deal on measures to become more self-sufficient in the key raw materials it needs to help power the clean energy transition.

De Beers keeps production target despite supply glut

Mining News Pro - De Beers is sticking to its 2023 production target because it is confident of the long-term outlook, its chief executive said on Monday, despite a glut in diamond supply amid weakening demand.

Zinc market shifts to oversupply but where’s the metal?

Mining News Pro - Zinc has been the second weakest performer among the London Metal Exchange (LME) base metals pack so far this year.

Fertilizer stocks jump with Israel conflict stoking supply concerns

Mining News Pro - Fertilizer makers jumped after Hamas’ surprise attack on Israel raised concerns over how the conflict could impact global supplies of nutrients used to grow crucial food crops.

Copper Study Group expects big supply surplus in 2024

Mining News Pro - The copper market will transition from supply-demand balance in 2023 to a major supply surplus next year, the International Copper Study Group (ICSG) said after its meeting in Lisbon this week.

US says it can’t cut China out of critical minerals supply chain

Mining News Pro - The US won’t be able to cut China out of the critical minerals supply chain even as Washington seeks to diversify its sources of the ingredients that go into everything from electric vehicle batteries to solar panels, a top Biden official said on Friday.

Canada, Japan agree to work more closely on battery supply chains

Mining News Pro - Canada and Japan on Thursday agreed to work more closely together to establishing sustainable and reliable global battery supply chains, the Canadian government said in a statement.

Alrosa suspends diamond supply for Sept-Oct – India’s trade body

Mining News Pro - Russian diamond producer Alrosa has suspended rough diamond supply for September and October after a request from India’s leading trade body, the Gems and Jewellery Export Promotion Council (GJEPC) said on Wednesday.

Indonesian nickel smelters turn to Philippines for ore as local supply tightens

Mining News Pro - Nickel smelters in top producer Indonesia are making rare purchases of ore from the Philippines to ease tight supplies, people familiar with the matter said, upending trade flows of the raw material and pushing up costs across the supply chain.

Syrah pins hopes of mine restart on end of China supply glut

Mining News Pro - Syrah Resources Ltd., the biggest graphite producer outside China, anticipates demand for the key battery material will return as Chinese inventories shrink, allowing the Australian firm to restart its flagship African mine.

Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply

Mining News Pro - Swedish metal and hydrogen company H2 Green Steel (H2GS) said on Wednesday it has signed multi-year deals with miners Rio Tinto and Vale for the supply of iron ore pellets from Canada and Brazil.

Syrah Resources signs graphite supply deals with US firms

Mining News Pro - Syrah Resources Ltd said on Thursday it had executed agreements with two US-based companies for the supply of graphite from its Balama operations in Mozambique.

Copper price hits three-month high amid demand hopes, supply risks

Mining News Pro - Copper hit a three-month high as it headed for its biggest monthly advance since January, supported by growing optimism over Chinese demand and mounting supply risks in Chile.

The mining world turns to Saudi cash for critical metal supply

Mining News Pro - A $2.6 billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar