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Blog - Basic Metals

Savannah Resources Seeks Approval for Compulsory Land Acquisition in Portugal
Savannah Resources Seeks Approval for Compulsory Land Acquisition in Portugal
Jan 14, 2025
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Savannah Resources advances steps towards compulsory land acquisition for its Barroso lithium project in Portugal, reflecting Europe's minerals policy amid local opposition.
PowerStone Metals and Libra Lithium Corp. Announce Strategic Merger
PowerStone Metals and Libra Lithium Corp. Announce Strategic Merger
Jan 14, 2025
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PowerStone Metals and Libra Lithium Corp. merge to form Libra Energy Materials Inc., promising enhanced lithium exploration in Ontario and Quebec.
Cleveland-Cliffs and Nucor Forge Alliance for Potential U.S. Steel Acquisition
Cleveland-Cliffs and Nucor Forge Alliance for Potential U.S. Steel Acquisition
Jan 13, 2025
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Cleveland-Cliffs and Nucor's joint bid for U.S. Steel marks a strategic realignment in the U.S. steel industry amid growing market demand.
Lithium Prices Set to Stabilize in 2025 Amid Mining and EV Market Developments
Lithium Prices Set to Stabilize in 2025 Amid Mining and EV Market Developments
Jan 13, 2025
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Lithium prices are projected to stabilize in 2025 following substantial declines, attributed to mining adjustments and China's expanding EV market. Analysts foresee a balance between supply and demand.
Saudi Arabian Mining Co. Ends Negotiations with Bahrain's Alba
Saudi Arabian Mining Co. Ends Negotiations with Bahrain's Alba
Jan 13, 2025
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Maaden ends talks with Alba on major asset swap, impacting share prices and highlighting regional trade dynamics in the aluminum sector.
Gatos Silver Exceeds 2024 Goals, Nears First Majestic Merger
Gatos Silver Exceeds 2024 Goals, Nears First Majestic Merger
Jan 11, 2025
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Gatos Silver exceeds 2024 production targets at Cerro Los Gatos, with a First Majestic merger imminent.
Hudbay Minerals Enhances U.S. Copper Portfolio with Arizona Sonoran Stake
Hudbay Minerals Enhances U.S. Copper Portfolio with Arizona Sonoran Stake
Jan 9, 2025
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Hudbay Minerals bolsters its U.S. copper investments by expanding its stake in Arizona Sonoran Copper, enhancing prospects with the Cactus project's significant copper resources.
Top Glencore Aluminum Traders Depart, Reflecting Rising Competition in Metals Trading
Top Glencore Aluminum Traders Depart, Reflecting Rising Competition in Metals Trading
Jan 9, 2025
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Learn about the strategic moves of Glencore's aluminum traders to Vitol and Mercuria and the wider implications for the metals trading industry amid rising competition.
Indonesian Nickel Output Cuts Could Impact Global Supply Chain
Indonesian Nickel Output Cuts Could Impact Global Supply Chain
Jan 9, 2025
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Discover how potential cuts in Indonesian nickel output could disrupt global supply chains and affect international prices, with key insights into market trends and economic implications.
BP's Strategic Move to Amplify Oil and Gas Output in India's Offshore Field
BP's Strategic Move to Amplify Oil and Gas Output in India's Offshore Field
Jan 9, 2025
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BP partners with ONGC to significantly increase oil and gas production in India's premier offshore field, promising substantial revenue growth.
Two Bids Made for Glencore's Stake in New Caledonian Nickel Producer KNS
Two Bids Made for Glencore's Stake in New Caledonian Nickel Producer KNS
Jan 8, 2025
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Two buyers have bid for Glencore's mothballed KNS in New Caledonia, amid sector challenges and growing interest in nickel.
China Becomes the World's Second-Largest Holder of Lithium Reserves
China Becomes the World's Second-Largest Holder of Lithium Reserves
Jan 8, 2025
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China boosts its global standing by becoming the world's second-largest holder of lithium reserves, impacting the battery metal market significantly.
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