Pilbara Minerals is looking to diversify its portfolio with the acquisition of Latin Resources and its Brazilian lithium project. (Photo from Pilbara Minerals website)
Commodities

Australia's Pilbara Minerals makes $370m bid for Brazil lithium project

Lithium miner moves to diversify outside home market with eye on serving U.S. and EU

15 August 2024
The Mount Holland lithium mine in Southern Cross, Western Australia: Some producers of the key ingredient in EV batteries are scaling back production as others push ahead.
Commodities

As lithium slump drags on, some Australian miners look to grow

Operators push through gloom to position for long-term demand forecasts

14 August 2024
Though the majority of Asian countries did not join in the West's sanctions against Russian oil, they are expected to abide by them.
Opinion

'Dark fleet' of oil tankers risk more maritime disasters in Asia

The West needs to bring Russian oil shipping out of the shadows

12 August 2024
According to the International Monetary Fund, as of March 2024, the total balance of global foreign reserves stood at $12.3499 trillion, with the dollar accounting for 58.9% based on currency allocation.
Currencies

Central banks dump dollars and yuan in favor of gold

The 'stateless currency' shines as a haven amid geopolitical tension

10 August 2024
Kobe Steel is Japan's third-largest steelmaker.
Companies

China's Baosteel, Baowu Aluminum, Japan's Kobe Steel to form joint venture

Japanese steelmaker to take 50% stake in automotive aluminum sheet company

8 August 2024
Japan's top five trading houses -- Itochu, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp. and Marubeni -- have drawn investment from Warren Buffett. (Source photos by Nikkei)
Companies

Buffett-backed Japan trading houses stick to annual forecasts

But conglomerates stay alert over uncertainties such as strengthening yen

6 August 2024
Workers in Thailand prepare rubber sheets for shipment. (Photo by Hiroshi Kotani)
Commodities

Rubber prices fall to 2-month low on concerns over Chinese demand

Looser supplies, slower EV sales in China drag the market down

3 August 2024
Paddy is loaded onto a truck as farmers harvest a rice field in Thailand's Chainat province. Bangkok has significantly increased its exports of the grain to the Philippines this year.
Commodities

Thailand, Vietnam vie to grow rice market share in the Philippines

Faltering domestic supply forces Manila to rely on imports from neighbors

2 August 2024
Lithium giant Albemarle is cutting back operations at its lithium processing plant in Australia.(Source photos by Reuters and Albemarle)
Commodities

Albemarle cuts back lithium processing in Australia amid price slump

Move deals another blow to country's critical mineral ambitions

1 August 2024
Drilling at Filo del Sol shows promise for high-grade copper deposits. (Photo from Filo Corp. website)
Commodities

BHP and Canada's Lundin join forces in $3bn South American copper play

Australian giant shows ambition to mine the energy transition metal

30 July 2024
A mine in Indonesia's Halmahera Island. (Photo by Survival International)
Opinion

Indonesia must improve ESG standards to attract global investment

Scrapping of BASF-Eramet nickel-cobalt project shows need for sustainable practices

29 July 2024
China's recent gold boom is highlighted by the popularity of 1-gram gold beans. (Photo by Tomoya Takayama)
Commodities

China's Gen Z gold buyers treat themselves to little bits of bling

Younger generation helps drive rise in Chinese buying of precious metal

28 July 2024
Gold has traditionally been seen as a safe haven in times of geopolitical and economic uncertainty.
Commodities

China's central bank has been a big buyer of gold. Will it continue?

PBOC accounted for 5% of global demand for precious metal in 2023

26 July 2024
China is increasing exports of high-quality products like hot-rolled steel sheets.
Materials

Chinese steel keeps flooding global market, pushing down prices

Overproduction continues in China despite sluggish demand at home

23 July 2024
A worker displays nickel ore at a ferronickel smelter in the Pomala district of Indonesia.
Commodities

Indonesia launches nickel, tin online tracking system

Authorities aim to improve accountability and government revenue

22 July 2024
An open-pit mine for rare-earth elements in California. The U.S. has expanded production of the metals to reduce dependence on China.
Commodities

No longer rare: China's overproduction sends rare-earth prices tanking

Beijing's new restrictions on industry fail to reverse trend

19 July 2024
Though nickel is also used in EV batteries, its primary use is in stainless steel.
Commodities

Nickel prices hit 5-month low on sluggish China consumption

Country's ongoing property slump saps demand for new building materials

18 July 2024
Workers oversee nickel refining at a smelter in South Sulawesi province, Indonesia.
Commodities

Indonesia to launch nickel, tin online tracking next week

SIMBARA system already used to track coal, bauxite and copper next in line

18 July 2024
Stream article image
#techAsia

Rare earths in the red and an overhaul for AI infrastructure

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

18 July 2024
BHP has struggled with plunging nickel prices recently. 
Commodities

BHP reports record output at Australian iron ore mines

Push into copper pays off as volumes grow by 9%

17 July 2024
A rare-earth mine in China's Inner Mongolia region.
Materials

China's state rare-earth players bleed red ink as prices fall

Loss warnings for first half come amid Beijing-led consolidation, controls

16 July 2024
Indonesian and U.S. flags flying alongside in Jakarta. Indonesia is rich in nickel, copper and bauxite, and keen to promote itself as a production hub for batteries and electric vehicles.
International relations

U.S. approaches Indonesia to join Mineral Security Partnership

EU and 14 countries already collaborating on critical mineral supply chains

15 July 2024
LNG is in high demand among countries like the U.S. and Japan, despite its price doubling from the average over the past five years.
Energy

IEA aims to stabilize LNG prices with information-sharing plan

Agency eyes greater transparency as Ukraine war adds to market volatility

13 July 2024
BHP's global headquarters in Melbourne. (AFP/Jiji)
Commodities

BHP to suspend Australia nickel operations amid Indonesia-fed glut

Miner cites oversupply of the key EV material for the move

11 July 2024
China accounts for 20% of global demand for palladium.
Commodities

China eyes its first platinum and palladium futures

Guangzhou exchange to list contracts for both ingots and industrial use sponge

11 July 2024