Commodities
LATEST NEWS FROM COMMODITIES
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Iran sanctions snapback offers Chinese oil buyers a lucrative boost
The looming revival of international sanctions on Iran is unlikely to curtail Tehran’s vital oil exports but could benefit Chinese refiners, offering them access to a larger share ...
Commodities
Using the Dirty Dozen to track global energy emissions potential
Climate watchers need to look beyond China to gain a full read on global emissions trends tied to energy extraction and generation.
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Metallurgical coal is set to rise from the doldrums as green steel ambition fades
An industry that is shutting down some production as prices hover around four-year lows and higher taxes bite doesn't sound like it should be particularly bullish.
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US Antimony Corp wins $245 million Pentagon contract to build defense stockpile
United States Antimony Corporation said on Tuesday it has secured a sole-source, five-year contract worth up to $245 million from the U.S. Defense Logistics Agency to supply antimo...
Commodities
Southern Copper eyes steady production in Peru, bets big on new projects
Southern Copper expects its copper production in Peru to hold steady this year as it invests $800 million in projects, its chief financial officer told Reuters.
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High rice prices jolt Indonesia consumers despite good crop, hefty stocks
Indonesian rice prices hit record highs recently despite a bumper harvest and vast stockpiles after the government raised its purchase price and lowered state-procurement quality s...
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The Big Three of Asia's thermal coal look healthy, others pale
Asia dominates the global thermal coal market but the future is looking increasingly split between robust domestic markets in the three heavyweights of China, India and Indonesia a...
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Indonesia suspends 190 mining permits, state media reports
Indonesia suspended 190 coal and mineral mining permits after they failed to meet their obligations for the rehabilitation of mine-damaged land or comply with production quotas, st...
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Australian critical minerals firms flock to US opportunities
Some of Australia's most advanced critical minerals producers are moving forward on plans to build processing facilities in the United States, despite Australia's strategic push to...
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Indonesia, EU finalise trade deal after nine years of talks
Indonesia and the European Union on Tuesday finalised their negotiations on a comprehensive economic partnership agreement after nine years of talks, aimed at boosting trade and in...
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Brazil's MBRF appoints Gularte as global CEO of merged company
MBRF, the newly formed food giant from the merger of pork and poultry processor BRF and beef producer Marfrig, has appointed Miguel Gularte as its global chief executive officer, t...
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Indonesian tin miner Timah optimistic about hitting 2025 output target, chief executive says
Indonesia's state-run tin miner PT Timah is optimistic that it can reach its output target of 21,500 metric tons this year, despite weak production in the first half, its chief exe...
Commodities
Funds bet that nickel price has hit rock bottom
It's hard to believe that nickel was so wild a couple of years ago it almost broke the London Metal Exchange (LME).
Commodities
The US LNG industry risks becoming victim of its own success
The breathtaking expansion of U.S. gas exports in the last decade has reshaped global markets, but a looming global oversupply along with rising power prices domestically could lea...
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China's rare earth magnet exports rise 10.2% in August from July
China's exports of rare earth magnets in August jumped for a third straight month to hit a seven-month high, indicating a steady recovery in outflow of the minerals key to electric...
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Brazil leather price slumps, challenging $1.25 billion export industry
Brazilian leather prices have fallen sharply over the last decade or so, threatening jobs and weakening the national industry against global competitors, according to data compiled...
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Perpetua gets US approval to begin construction on Idaho antimony and gold mine
Perpetua Resources said on Friday it has received U.S. permission to begin construction of its antimony and gold mine in Idaho, poised after nearly a decade of review to supply a c...
Commodities
Blocked Greek suitor says it had planned big investments in Hungarian dairy firm
Greece's Hellenic Dairies said it had planned significant investments to upgrade the loss-making Hungarian company it had agreed to take over before Hungary banned the acquisition ...
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