The Cengiz Holding subsidiary will invest $20 million in downstream cobalt-salt production and $200 million in a pellet-iron facility at its operating metal-recovery and fertilizer complex in Mardin. The projects remain at the planning stage, with cobalt-plant construction targeted to begin by the end of 2026.

Viridis Mining and Minerals has secured commitments for up to $120-million, or A$170-million, in strategic equity from global alternative investment manager OneIM and existing investors ORE Investments and Régia Capital and a select group of additional strategic investors.

Capital has raised its full-year revenue guidance to between $430-million and $450-million, from the previous guidance of $410-million to $440-million, after a strong performance in the six months to June 30.

Nasdaq-listed Electra Battery Materials Corporation says major construction packages are being executed at its cobalt sulphate refinery, in Temiskaming Shores, Ontario, which is a strategic critical minerals processing facility supported by the US, Canada and Ontario governments.

Canadian steel products producer Algoma Steel Group is experiencing an unplanned outage at its Lake Superior Power generating facility, which has led to suspended production at its electric arc furnace (EAF).

The Industrial Open Auction Trading Floor of the Iran Mercantile Exchange hosted the offering of five types of products from the mining and steel value chain today, Sunday, August 16, 2026. The offering, featuring a significant volume of iron ore products ranging from pellets and concentrate to lump and sized iron ore, highlighted the continued role of the exchange in supplying raw materials to the country's mining and steel industries.

Crude steel production rose by 8.1% in the first half of 2026 in Türkiye. This increase in production has reached 19.77 million tonnes, according to the Turkish Steel Producers’ Association (TÇÜD).

The Governor of Bafq announced the finalization of an agreement to transfer a 30% share of the Lakah-Siah mining complex to the city and the launch of legal proceedings to pursue mining-related claims.

The metal recycling sector is witnessing the transformation of metal scrap into a strategic resource for green steel production as global industries shift toward decarbonization.

Chilean Mining Minister Daniel Mas said on Thursday that reviving a mining integration treaty with Argentina could unlock more than $20.7-billion in investment and add 540 000 metric tons of copper a year to the market.