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Industrial metals

  • Wednesday, 9 October, 2024
    LexRio Tinto PLC
    Rio Tinto is not bagging a bargain with lithium deal

    Extreme volatility in price of key battery material reflects uncertainty over current global market for electric vehicles

    A brine pool used to extract lithium at a salt flat near Susques, Argentina
  • Wednesday, 9 October, 2024
    Rio Tinto PLC
    Rio Tinto to buy Arcadium Lithium in $6.7bn cash deal

    Acquisition will make Anglo-Australian miner one of world’s biggest producers of key battery material

    Technicians from the Orocobre mining company work on an evaporation pond test at the Olaroz salt flat. One person in a yellow suit and red helmet leans over to measure the water, while another in a dark jacket and white helmet observes and takes notes. The landscape features dry, mountainous terrain in the background.
  • Tuesday, 8 October, 2024
    Special ReportBusiness School Sustainable Education
    Business school teaching case study: capture or cut carbon to make steel greener?

    The sector is responsible for one-tenth of global annual greenhouse gas emissions but cleaning up the production process is challenging

    A worker wearing protective gear stands silhouetted against the intense orange glow of molten metal in an industrial foundry. The person is holding a long rod and is surrounded by rising smoke and flames
  • Monday, 7 October, 2024
    Rio Tinto PLC
    Rio Tinto in talks to buy Arcadium Lithium

    Deal would make miner one of world’s largest producers of key battery material

    A worker wearing a Rio Tinto hard hat and orange safety vest examines trays of cylindrical jadarite rock samples using a green spray bottle at the Rio Tinto Group research center in Loznica, Serbia
  • Sunday, 6 October, 2024
    TotalEnergies
    TotalEnergies considers foray into copper trading, top executive says

    Comments in closed-door conference show oil groups seek to capitalise on demand for metals needed for energy transition

    An employee monitors copper cable which is rolled up before passing through a rolling mill to become cable at a manufacturer in France
  • Wednesday, 2 October, 2024
    Private equity
    Bain joins battle for control of world’s biggest zinc smelter

    Big commodities groups watching outcome as founding families vie for Korea Zinc

    Water vapour and smoke rise from the Korea Zinc smelting factory in Ulsan, South Korea
  • Tuesday, 1 October, 2024
    LexMining
    Like it or not, miners are still a China proxy

    A jump in shares shows how the sector’s fortunes are tied to the prospects of the world’s second-largest economy

    Steel at a stockyard
  • Monday, 30 September, 2024
    Lithium
    CME expands lithium futures battle with LME as battery demand soars

    US futures exchange launches contracts for raw material used in electric vehicle chargers

    Montage of CME logo and CME logo on the screen of a mobile phone
  • Monday, 30 September, 2024
    Rio Tinto PLC
    Rio Tinto chief urges western governments to speed up clean energy transition

    US’s IRA programme yet to have ‘significant impact’, says Jakob Stausholm as he opens London Metal Exchange week

    Jakob Stausholm
  • Monday, 30 September, 2024
    Copper
    Copper producers issue fresh warnings about price volatility

    Antofagasta chief says there is a ‘disconnect’ between government policies and growing demand for red metal

    Workers washing copper cathodes at a plant in the El Abra copper mine in Chile
  • Sunday, 22 September, 2024
    European manufacturing
    European steelmakers plead with Brussels to tackle flood of Chinese exports

    European prices drop below cost of production as world market is deluged

    Bundles of steel tubes at a trading market on the outskirts of Shanghai
  • Friday, 20 September, 2024
    News in-depthRare earths
    Canada opens new critical minerals hub in push to end China’s dominance

    Saskatchewan facility marks small step in drive to challenge Beijing’s control of processing rare earths

    Molten rare earth elements being processed at the Rare Earth Processing Facility in Saskatoon, Saskatchewan
  • Wednesday, 18 September, 2024
    British Steel Ltd
    British Steel reveals losses deepened eightfold

    Concerns mount about future of Chinese-owned company that employs thousands in UK

    British Steel’s site in Scunthorpe
  • 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.
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