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News
Trump touts US$3 bil in minerals projects to counter China
3+ hour, 55+ min ago (447+ words) (Aug 8): US President Donald Trump touted US$3 billion (RM12.27 billion) in US investments in critical minerals mining at a meeting Friday with top industry executives aimed at weaning the US off supply chains dominated by China. Trump said the projects would…...
Union workers strike at BHP’s Port Hedland iron ore export hub
1+ hour, 55+ min ago (274+ words) (Aug 8): Unionised workers at BHP Group’s Port Hedland iron ore export hub in Western Australia have started rolling 24-hour strikes, escalating a pay dispute ahead of further meetings with the company. What impact this will have on shipments is unclear....
Deutsche Bank freezes Radiant World funds in Singapore as miners move to cut ties — Bloomberg
1+ day, 15+ hour ago (612+ words) (Aug 6): Radiant World is under growing pressure after two of its key banks froze its funds and major miners moved to cut ties with the iron ore trading house. Deutsche Bank AG and KBC Group NV have frozen some of…...
China's CMRG tells some steel mills to halt talks with Rio Tinto — Reuters
1+ day, 20+ hour ago (535+ words) (Aug 6): China's state iron ore buyer has directed some steel mills to halt negotiations with Rio Tinto for shipments from September, two sources with knowledge of the matter said, escalating pressure on the world's top iron ore producer during annual…...
Glencore eyes Australia listing within months to tap pension pot
2+ day, 2+ hour ago (289+ words) (Aug 6): Glencore Plc will launch a secondary listing in Australia as soon as October, as the mining giant seeks to tap new investment in the nation’s fast-growing A$4.4 trillion (US$3.1 trillion) pension system. Chief executive Gary Nagle confirmed the move on…...
US defence agency cancels plan to buy US$300 mil of lithium
3+ day, 20+ hour ago (227+ words) (Aug 4): The US Department of Defense has cancelled a tender to purchase lithium for its strategic stockpiles, in another apparent sign of the challenges it faces in trying to bolster supplies of critical minerals. The Defense Logistics Agency dropped a…...
Malaysia Smelting Corp looking to expand mining footprint amid tin boom
3+ day, 22+ hour ago (1426+ words) This article first appeared in The Edge Malaysia Weekly on July 27, 2026 - August 2, 2026 WITH tin prices surging to record levels, Malaysia Smelting Corp Bhd (KL:MSC) is looking to expand its mining footprint in Malaysia as the century-old tin producer seeks…...
Trump signs order on export curbs to retain critical minerals
1+ week, 1+ day ago (281+ words) (July 31): President Donald Trump signed a measure Thursday that gives officials authority under the Defense Production Act to implement export restrictions on some industrial waste in a bid to retain critical minerals and rare elements contained in those products. The…...
Dispute erupts among Northeast’s controlling shareholders
1+ week, 5+ day ago (349+ words) KUALA LUMPUR (July 27): A legal dispute has erupted among controlling shareholders of Northeast Group Bhd (KL:NE), dragging along the precision engineering company to the court. Chong Ewe Hean and Ng Meng Hang, shareholders of Mountain Range Sdn Bhd, have…...
Chile plans US$100 bil copper push to find buyers beyond China
2+ week, 2+ day ago (308+ words) (July 21): Chile is eyeing about US$100 billion (RM408.91 billion) in copper investments over the next decade as it seeks to tap demand from data centres and diversify its customer base beyond China, according to its top diplomat. “It’s highly concentrated and…...