Ukraine’s steel output rose by 21.6% in 2024 to 7.58 million metric tons, its producers union said late on Thursday, though fighting that is closing in on the country’s only coking coal mine threatens to slash volumes this year.

Vale has reached its lowest market value since 2016, falling below $40 billion, according to an assessment by Citi.

Diamonds grown in the lab are shining brighter than natural stones by grabbing market share, but their kryptonite could be the low prices and large carats indicating they really are in a different category, analysts and companies surveyed by The Wall Street. Journal say.

The Australian resources sector is poised for sustained strength in 2025, underpinned by robust export volumes and a strong pipeline of projects despite global commodity price pressures.

US President Biden’s decision to block the sale of US Steel was not about slighting Japan, a key Indo-Pacific ally, but about keeping steel production in the United States, White House National Security spokesperson John Kirby said on Friday.

Nippon Steel said it will sue the US government, challenging the procedures behind President Joe Biden’s order to block its acquisition of US Steel, Nikkei Asia business daily reported on Friday.

China’s iron ore imports are likely to hit a new high in 2025 as traders stockpile cheap ore for the world’s top consumer despite a protracted property crisis continuing to weigh on Chinese steel demand, traders and analysts said.

KoBold Metals has raised $537 million in its latest funding round as it seeks to become a key player in the race for critical minerals needed for the energy transition.

Brazilian miner Serra Verde Group is boosting production of rare earth metals at a time of growing trade friction between the US and China, the world’s dominant supplier of minerals critical to technology.

Gemfields has temporarily suspended ruby mining operations in Mozambique following violent incidents that resulted in two deaths.