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Industrial metals

  • Monday, 16 September, 2024
    BHP Group Ltd
    BHP warns AI growth will worsen copper shortfall

    World’s largest miner expects global demand for red metal will rise by more than 70% by 2050

    A worker in protective clothing and helmet stands amid a complex network of industrial pipes and structures at the Olympic Dam mining operation in South Australia. The site is known for producing copper, gold, silver, and uranium.
  • Thursday, 12 September, 2024
    News in-depthUK manufacturing
    Is there a future for steelmaking in the UK?

    Tata Steel plans to replace its Port Talbot blast furnaces with a less-polluting electric arc furnace

    Port Talbot steel works
  • Wednesday, 11 September, 2024
    Tata Steel Ltd
    Tata secures £500mn of state aid for UK’s largest steelworks

    About 2,500 jobs to be lost in shift to greener furnace at south Wales site

    A Tata Steel worker at the blast furnace in Port Talbot
  • Tuesday, 10 September, 2024
    Tata Group
    Tata ‘very close’ to securing £500mn of state aid for UK’s largest steelmaking plant

    Chair of Indian parent company says talks with the British government are ‘going well’

  • Sunday, 8 September, 2024
    The FT ViewThe editorial board
    The battle to secure economically critical metals

    To limit China’s leverage, the west needs concerted action on mining, refining and research

    Aerial view of an excavator loading trucks with rare earth at a mine
  • Friday, 6 September, 2024
    British Steel Ltd
    British Steel owner preparing to bring forward blast furnace closures

    Move by Jingye is expected before Christmas and would put at risk thousands of jobs

    Steelworker watches a furnace
  • Wednesday, 4 September, 2024
    Mining
    Goldman slashes copper forecast as miners’ profit outlook dims

    US bank expects commodity to average $10,100 a tonne in 2025, sharply lower than its earlier forecast of a record $15,000

    An employee manufactures copper wires at the workshop of Tongling Nonferrous Metals Group Holdings
  • Monday, 2 September, 2024
    Serbia
    Serbian protests escalate over proposed lithium mine

    Environmentalists aim to stop Rio Tinto’s Jadar project despite Belgrade’s promise of economic boom

    Demonstrators gather in Valjevo, Serbia, on Sunday as part of nationwide protests against the proposed lithium mine in Jadar
  • Monday, 2 September, 2024
    LexRare earths
    Global supply chains can’t skirt China rare earths crackdown Premium content

    Long-term shortage of rare metal antimony, a critical material in the defence supply chain, could pose security risk

    A production line inspection being carried out on solar cells
  • Monday, 2 September, 2024
    Commodities
    EU plan for buying key commodities centrally is over-reach, warn tech groups

    Trading software companies fear project will make Brussels a competitor and believe tender is misconceived

    Hydrogen filling station
  • Sunday, 1 September, 2024
    Chinese trade
    Chinese steel exports to reach 8-year high

    Imports into Europe expected to surge later this year

    Bundles of steel tubes at a trading market in the outskirts of Shanghai, China
  • Saturday, 31 August, 2024
    Lex
    Overcoming China’s dominance in gallium will not be easy Premium content

    Substituting one mineral for another takes time and money

    A person wearing blue gloves holds a 2-inch diameter gallium oxide wafer at the Hangzhou International Science and Innovation Center of Zhejiang University in Hangzhou, China. The person's face is blurred in the background.
  • Wednesday, 28 August, 2024
    LexBHP Group Ltd
    BHP’s pitch after its failed Anglo bid is hardly copper bottomed Premium content

    Its projects are not delivering sizeable growth and picking up assets on the cheap is proving difficult

    A long freight train carrying iron ore travels along a rail track on a clear day, approaching Port Hedland, Australia. The landscape around the railway is arid, with patches of sparse vegetation and reddish soil. In the background, industrial structures are visible.
  • Monday, 26 August, 2024
    News in-depthMergers & Acquisitions
    Mining bosses issue M&A warning as forecasts of dealmaking boom mount

    Companies want commodities critical for clean energy such as copper that could drive deals

    Rio Tinto’s Oyu Tolgoi copper mine in Mongolia
  • Friday, 23 August, 2024
    London Metal Exchange Ltd
    LME trading floor faces renewed threat as SocGen departs

    French bank quits the Ring, Europe’s largest open outcry pit

    The LME Ring, known for its distinctive red sofas
  • Thursday, 15 August, 2024
    Lex
    Germany’s steelmakers are caught in a tightening trap Premium content

    The sector’s green transformation is a threat to competitiveness

    An employee works at the blast furnace at the ThyssenKrupp plant in Duisburg
  • Wednesday, 14 August, 2024
    Top steelmaker Baowu warns Chinese producers face severe crisis

    Sector ravaged by weak demand and industrial production as crippling property market slump hits Asia’s biggest economy

    Steel production at a China Baowu Steel Group plant in Maanshan
  • Wednesday, 7 August, 2024
    Chile’s largest steel mill shuts amid surge in Chinese imports

    The South American country had slapped tariffs on its largest trading partner in order to save the plant run by CAP

    Steel workers protest against the closure of the Huachipato steel plant in Talcahuano, Chile, in April
  • Monday, 5 August, 2024
    FT News Briefing podcast10 min listen
    UK leaders court US investors

    Asset managers fret over lost gains as investor cash piles up on the sidelines

  • Monday, 5 August, 2024
    Lithium
    Rio Tinto-backed start-up seeks funds for lithium breakthrough to cut reliance on China

    Analysts say new techniques could double production of key battery material and have similar impact to shale on oil sector

    Wide view of brine piles drying in an evaporation pond
  • Sunday, 4 August, 2024
    Lithium
    World’s biggest lithium producer urges state help to compete with China

    US-based Albemarle cuts expansion plans amid struggles for processor of key mineral for electric cars

    Sacks of lithium carbonate at an Albemarle processing facility in Chile
  • Thursday, 1 August, 2024
    Commodities
    Commodity bulls’ dash for the exit sends prices tumbling

    Lacklustre Chinese demand helps push copper down around 20% from record high, while other base metals and corn also fall

    Molten copper
  • Wednesday, 31 July, 2024
    Rio Tinto PLC
    Rio Tinto chief warns over ‘big risk’ of large acquisition

    Jakob Stausholm says ‘major M&A’ could put company off course

    Jakob Stausholm speaks at a forum
  • Tuesday, 30 July, 2024
    Mining
    BHP revives copper ambitions with $3bn Filo deal

    Joint takeover of Argentine assets with Canada’s Lundin is latest sign of consolidation in mining sector

    Two men stand in front of Anglo American’s El Soldado copper mine
  • Sunday, 21 July, 2024
    News in-depthCopper
    Copper miners predict industry overhaul as end users rush to secure supply

    Executives see increasing signs of a shift to direct deals with cable manufacturers, car companies and other big buyers

    A worker loads copper sheets into a furnace
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