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Industrial metals

  • Monday, 9 December, 2024
    Special ReportFTfm: Responsible Investing
    Tough terrain ahead for investors in energy transition minerals

    Geopolitics and human rights concerns make lucrative opportunities difficult to access

  • Wednesday, 4 December, 2024
    Tata Steel Ltd
    Tata Steel UK losses jump fourfold

    Indian-owned group takes £1.12bn hit after writing down value of legacy assets

    Tata Steel’s Port Talbot site in Wales
  • Tuesday, 3 December, 2024
    US-China trade dispute
    China retaliates against latest US chip restrictions

    Beijing bans export of materials used in semiconductors and batteries

    A close-up view of the Chinese flag positioned next to representations of the elements gallium and germanium on a periodic table
  • Friday, 29 November, 2024
    News in-depthBHP Group Ltd
    BHP’s need for copper prompts speculation of fresh Anglo bid

    The six-month dealmaking standstill since rejection of the last takeover offer ends today

    Aerial view of Escondida Open Cast Copper Mine, Chile
  • Thursday, 28 November, 2024
    News in-depthIndonesia
    ‘Production first, safety later’: inside the world’s largest nickel site

    Unions and workers say Indonesia’s dominance of the EV supply chain has come at a price

    Employees in traffic as the shift changes at Indonesia Morowali Industrial Park (IMIP)
  • Tuesday, 26 November, 2024
    ArcelorMittal SA
    ArcelorMittal delays green investments in Europe over policy uncertainty

    Steelmaker blames lack of progress from EU policymakers to support transition to lower-carbon alternatives

    An employee in the yard of the Arcelor Mittal SA steelworks in Dunkirk
  • Monday, 25 November, 2024
    Thyssenkrupp AG
    Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry

    Division to shed 11,000 roles amid oversupply in Europe and rise in cheap China imports

    Emissions rise from Thyssenkrupp’s steel plant in Duisburg, Germany
  • Sunday, 24 November, 2024
    Mining
    Western miner Eramet sees no profits in nickel processing without Chinese partners

    Amid falling prices for metal, French group’s Indonesia head says Chinese partners have become expert in downstream cost efficiencies

  • Tuesday, 12 November, 2024
    Trade disputes
    Tariff test for EU as Trump prepares to squeeze trade partners

    Senior US official urges Brussels to postpone resumption of ‘retaliatory’ levies scheduled for March

    giant spools of finished steel
  • Saturday, 9 November, 2024
    UK manufacturing
    UK holds talks with China’s Jingye to avert closure of British Steel plants

    Support package drawn from £2.5bn war chest being prepared to try and keep Scunthorpe site open

    A steelworker watches as molten steel pours from one of the blast furnaces at British Steel’s Scunthorpe plant
  • Friday, 8 November, 2024
    News in-depthUS trade
    From cars to planes: global manufacturers brace for Trump’s tariffs

    Executives across multiple industries expect supply chain upheaval

    Donald Trump, bundles of steel tubes at a trading market in the outskirts of Shanghai, cars at Lazaro Cardenas port, Mexico, Boeing plane and logo
  • Thursday, 7 November, 2024
    Vitol Group
    Vitol plans metals move to hedge against decline in crude demand

    World’s biggest independent oil trader expands into materials needed for energy transition

    Vitol chief executive Russell Hardy speaks at the Financial Times Commodities Asia Summit in Singapore
  • Sunday, 27 October, 2024
    News in-depthLithium
    Cornish miner hoping to capitalise on global race for lithium

    Analysts expect supply deficit to develop as countries race to meet climate targets

    Montage of lithium production process
  • Thursday, 24 October, 2024
    UK chancellor to unlock financing for critical minerals supply

    Measures will benefit manufacturers, particularly in defence, aerospace and EV battery makers, says Treasury

    A Cat wheel loader moving salt bi-product at a lithium mine
  • Thursday, 24 October, 2024
    Lithium
    US approves lithium project in push to break China’s grip on EV minerals

    Biden administration issues rare mine approval for Ioneer site in Nevada and extends tax breaks to companies

    A serene landscape featuring a calm, reflective body of water in the foreground, surrounded by golden grasses and reeds. The water mirrors the blue sky with scattered clouds
  • Wednesday, 23 October, 2024
    Special ReportInvesting in Argentina
    Global copper rush draws investors to Argentina’s untapped deposits

    Miners are finally willing to give backing despite logistical difficulties and uncertainty over the economy

    A large open-pit mine with concentric terraces descending into a basin, partially filled with a green body of water, surrounded by rocky mountain terrain
  • Friday, 18 October, 2024
    Metals trader IXM bids to become China’s answer to Glencore

    Chief executive Kenny Ives reshapes CMOC-owned firm and expands into lithium trading

    Ariel view of a copper mine
  • Wednesday, 16 October, 2024
    General Motors Co
    GM increases investment in lithium mine to nearly $1bn

    US carmaker seeks to secure supply of metal expected to suffer shortfalls because of rising demand in switch to EVs

    A hand holding several chunks of a gray clay mixture, from which lithium will be extracted.
  • Sunday, 13 October, 2024
    The FT ViewThe editorial board
    COP29 and the greenwashing of Azerbaijan

    The UN climate conference is again being hosted by an authoritarian petrostate

    Russian President Vladimir Putin and his Azerbaijani counterpart Ilham Aliyev
  • Wednesday, 9 October, 2024
    LexRio Tinto PLC
    Rio Tinto is not bagging a bargain with lithium deal

    Extreme volatility in price of key battery material reflects uncertainty over current global market for electric vehicles

    A brine pool used to extract lithium at a salt flat near Susques, Argentina
  • Wednesday, 9 October, 2024
    Rio Tinto PLC
    Rio Tinto to buy Arcadium Lithium in $6.7bn cash deal

    Acquisition will make Anglo-Australian miner one of world’s biggest producers of key battery material

    Technicians from the Orocobre mining company work on an evaporation pond test at the Olaroz salt flat. One person in a yellow suit and red helmet leans over to measure the water, while another in a dark jacket and white helmet observes and takes notes. The landscape features dry, mountainous terrain in the background.
  • Tuesday, 8 October, 2024
    Special ReportBusiness School Sustainable Education
    Business school teaching case study: capture or cut carbon to make steel greener?

    The sector is responsible for one-tenth of global annual greenhouse gas emissions but cleaning up the production process is challenging

    A worker wearing protective gear stands silhouetted against the intense orange glow of molten metal in an industrial foundry. The person is holding a long rod and is surrounded by rising smoke and flames
  • Monday, 7 October, 2024
    Rio Tinto PLC
    Rio Tinto in talks to buy Arcadium Lithium

    Deal would make miner one of world’s largest producers of key battery material

    A worker wearing a Rio Tinto hard hat and orange safety vest examines trays of cylindrical jadarite rock samples using a green spray bottle at the Rio Tinto Group research center in Loznica, Serbia
  • Sunday, 6 October, 2024
    TotalEnergies
    TotalEnergies considers foray into copper trading, top executive says

    Comments in closed-door conference show oil groups seek to capitalise on demand for metals needed for energy transition

    An employee monitors copper cable which is rolled up before passing through a rolling mill to become cable at a manufacturer in France
  • Wednesday, 2 October, 2024
    Private equity
    Bain joins battle for control of world’s biggest zinc smelter

    Big commodities groups watching outcome as founding families vie for Korea Zinc

    Water vapour and smoke rise from the Korea Zinc smelting factory in Ulsan, South Korea
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