Coal being moved from a barge at Indonesia's Tanjug Priok port. Indonesian mining companies have been buying up Western coal assets driven by lower emissions rules and cheap financing
Commodities

Indonesian coal companies go on buying spree for Western mines

Assets are at bargain prices, industry executives say

12 September 2024
Contractors hired for mining work in Australia now must receive the same pay as in-house employees.
Commodities

Australia's mining industry faults new labor rights for rising costs

Minerals Council cites multi-employer bargaining and 'same job, same pay' law

12 September 2024
A worker cuts iron rods outside a workshop at an iron and steel market in New Delhi.
Commodities

India to impose up to 30% tariffs on China, Vietnam steel pipe

Tax on imports from the countries to last for the next five years

11 September 2024
Diggers work at a lithium battery anode material project in China's Guizhou province. 
Commodities

Australian miners rally as China's CATL 'adjusts' lithium output

Oversupply has dragged on prices for key battery material over a year

11 September 2024
A worker unloads copper at a factory in Nantong, in China's Jiangsu province.
Commodities

China's copper imports fall 12.3% as weak economy restrains demand

August data from world's top consumer highlights headwind for global prices

10 September 2024
Dump trucks transport mined materials at Mount Holland lithium mine in Southern Cross, Western Australia.
Commodities

West urged to give lithium more support to break China's supply grip

Ex-Pilbara chief's warning comes as Arcadium moves to mothball Australian mine

10 September 2024
Production of rice in Japan is guided by the government, and deviations from estimates of supply and demand due to weather events and things like higher tourism can lead to shortages and higher prices. (Photos by Junpei Kinefuchi)
Commodities

Japan's rice demand rises amid record tourist numbers

Heat wave and domestic demand also contribute to shortages and price hikes

6 September 2024
Japan's Nippon Steel has proposed acquiring U.S. Steel, but the deal faces stiff opposition in America. (Photos by Nanami Sato and AP)
Business deals

Nippon Steel promises most of U.S. Steel board will be American

Governance policy comes amid resistance to deal from presidential candidates

4 September 2024
Garment employees work in a sewing section of the Fakhruddin Textile Mills Limited factory in Gazipur, Bangladesh.
Commodities

Bangladesh garment sector short on cotton as floods worsen protest backlog

Production down 50% in crucial industry as disruptions hit supply chain

30 August 2024
Stream article image
Podcast: News Roundup

Coffee producers hit by soaring prices

Tune in to Nikkei Asia's podcast, bringing the region's key news to global listeners

30 August 2024
A Chinese firm jointly runs this antimony mine in Tajikistan. China produces 48% of the rare metal globally.
Commodities

Antimony, gallium prices soar as China widens rare-metal export curbs

Buyers scramble to stock up on minerals amid uncertainties over tighter controls

30 August 2024
An attendant pumps fuel at a PetroChina gas station in Nantong, in China's Jiangsu province.
Energy

China oil majors tighten investment while doling out record dividends

Sustainability in question amid downstream weakness, need for cheap Russian feedstock

29 August 2024
Already elevated rice prices in Bangladesh may rise further as severe floods affect crops and distribution nationwide. 
Commodities

Thai rice prices hit two-month peak, Bangladesh hit by floods

With Indian rice no longer significantly cheaper, buyers seek other options

29 August 2024
India lowered import tariffs on gold and other metals from 15% to 6% in July.
Commodities

Gold buying soars on India tax reforms as prices near record high

Central banks in emerging markets also increase purchases on geopolitical concerns

29 August 2024
Canadian Prime Minister Justin Trudeau.
Automobiles

Canada to impose 100% tariff on Chinese EVs, following U.S. lead

Trudeau says Beijing 'is not playing by same rules'; China calls move 'protectionist'

27 August 2024
Oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia, in June 2023. Figures from the Middle East suggest Shanghai Petrochem now sources 10% of its crude from Russia.
Commodities

Shanghai Petrochem reveals more Russia oil buying as Li Qiang visits

Executive stresses 'price' is key; Chinese premier cements economic ties with Putin

22 August 2024
The Hong Kong Exchange logged a 3% decline in first-half profit although the second quarter showed more promise. (Photo by Ken Kobayashi)
Markets

Hong Kong Exchange's first-half profit sinks amid weak market sentiment

New CEO Bonnie Chan describes results as 'robust' but concedes outlook uncertain

21 August 2024
Wagons filled with iron ore enter Rio Tinto's railyard near Karratha, 1,250 kilometers northeast of Perth, Australia, on Oct. 20, 2023. Australia shipped $138 billion of iron ore in the year through June.
Commodities

Australia warns of $2bn budget hole as iron ore slumps on China woes

Concerns elevated after bleak outlook from largest steelmaker

19 August 2024
Coffee prices have been soaring in recent months, with London futures for robusta coffee beans reaching a historic high in July. (Source photo by Ken Kobayashi)
Market Spotlight

Coffee prices volatile on climate, shipping crunch, forest regulation

Unpredictable weather will increase cost of production in the long run

19 August 2024
A general view of Mes Aynak valley is seen some 40 kilometers (25 miles) southwest of Kabul, Afghanistan.
Commodities

Taliban and Chinese partner restart copper project, reigniting worries

Pollution of nearby area, destruction of relics feared in Mes Aynak development

18 August 2024
Demand for LNG is growing in Asia as countries work to curb greenhouse gas emissions while keeping up with surging energy demand. (Photo by Konosuke Urata)
Energy

LNG shipments shift to India, Southeast Asia as European demand sags

Extreme heat, lower prices and decarbonization push drive regional uptick

17 August 2024
China's CHK Oil lost key leases in the US state of Utah. (US Department of Interior photo)
US-China tensions

Chinese oil company reveals loss of Utah drilling rights years afterward

Hong Kong-listed CHK Oil says board only learned of 2022 U.S. orders last week

16 August 2024
Facilities under construction at a Tajikistan antimony mine in 2021.
Trade

China to restrict antimony exports in latest rare-metal curbs

Controls on flame-retardant mineral do not target specific countries, Beijing says

16 August 2024
Gold futures prices are near a record high of $2,522.50 per troy ounce set on Aug. 2.
Commodities

Gold ETF inflows reach 2-year high, driven by expected U.S. rate cut

Heightened geopolitical risks also spur global flight to safety

16 August 2024