China's State Iron Ore Buyer Cements Grip on $100 Billion Market With Rio, Anglo Deals
Yearlong supply agreements with two of the world's biggest miners mark a coming-of-age moment for Beijing-backed China Mineral Resources Group
Nov 10, 20260 views
Mining
Rio Tinto and China's CMRG Seal Iron Ore Supply Deal as Beijing Squeezes Mills
A fresh annual contract with China Mineral Resources Group lands alongside reports Beijing told mills to pause Rio purchases, and a Fortescue warning.
Oct 22, 20264 views
Barrick Chairman Thornton's Overhaul Plan Sparks Investor Backlash
After a turbulent 12-year tenure, John Thornton seizes control from the CEO to drive a reinvention of the world's second-largest gold miner, but investors are pushing back.
Aug 10, 20262 views
Nickel Prices Swing on Indonesia Quota Rumors and Supply Fears
Conflicting reports on Indonesia's mining output plans fuel volatility, leaving traders on edge.
Aug 6, 20263 views
Brazil's CSN Seeks $2.9 Billion in Cement Unit Sale to Accelerate Deleveraging
Companhia Siderúrgica Nacional expects four bids for its entire cement division, part of a broader asset disposal plan to reduce debt and refocus on mining.
Aug 5, 20263 views
Zimbabwe’s State Miner Secures $300 Million from Chinese Firms for Lithium Development
Mutapa Energy Resources partners with Chinese giants to advance lithium mining and rail infrastructure, positioning Zimbabwe as a key player in the global battery supply chain.
Jul 23, 20262 views
Anglo American Selects Gareth Penny-Led Group as Preferred Bidder for De Beers Sale
Former De Beers CEO leads consortium in bid to acquire the world's largest diamond miner, with Botswana weighing its stake options.
Jul 17, 20262 views