Commodities

Trafigura has secured a $400 million iron ore prepayment deal with MinRes, providing the mining company with much-needed cash amid financial struggles and a commodities downturn.

Iron ore prices rebound above $100 as Chinese stockpiles decrease, offering hope amid uncertain steel market.

Arizona Lithium achieves a major milestone by producing Saskatchewan’s first battery-grade lithium carbonate at the Prairie project.

Kazatomprom raises its 2024 uranium production guidance after a strong first half, reflecting rising demand and higher prices.

Nigeria’s oil sector is grappling with a severe crisis as the number of operational rigs has plummeted to a six-month low, highlighting…

First Quantum begins commercial production at Zambia’s Enterprise nickel mine, enhancing the country’s role in the battery metals market.

Botswana plans to offer up to 24% stake in new mining projects to locals if the government opts out, boosting local ownership and participation.

CleanTech Lithium’s shares surged after successful production of high-grade lithium in its DLE pilot project, with impressive recovery rates and low impurities.

South32 shares decline after a major writedown on alumina and nickel projects, a pointer to significant operational and financial challenges..

Trafigura and Mubadala consider selling their Brazilian iron ore port to invest in green energy initiatives.