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Mexico to Halt New Mining Permits, Emphasizes Environmental Review and Sustainable Practices

On Monday, June 23, Mexican President Claudia Sheinbaum announced that Mexico will not issue any new mining concessions, marking a significant policy shift in the country’s natural resources management. “There will be no new mining permits—none,” Sheinbaum stated during a press briefing. She emphasized that her administration would review the environmental impact permits of existing […]

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Brazil to Invest R$5 Billion in Critical Minerals to Boost Clean Energy Transition

According to a report from BNamericas, a R$5 billion (US$900 million) fund established by Brazil’s Development Bank (BNDES) and national innovation agency Finep has selected 50 projects tied to the critical minerals supply chain. The goal of the fund is to promote investments that develop, innovate, and process key minerals like lithium, graphite, copper, nickel,

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Freeport-McMoRan Warns Copper Tariffs May Backfire Despite Short-Term Gains

Freeport-McMoRan Inc., the largest copper producer in North America, has expressed concerns that potential U.S. tariffs on imported copper—touted by former President Donald Trump as a way to boost the domestic industry—could ultimately do more harm than good. In late February, Trump directed the U.S. Commerce Department to investigate copper imports under Section 232 of

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EU Warns of Retaliation as US Doubles Tariffs on Steel and Aluminum Imports

On Saturday, May 31, the European Commission issued a stern warning against the U.S. government’s decision to double tariffs on imported steel and aluminum. The EU condemned the move, stating it undermines mutual efforts to resolve trade disputes through dialogue and pledged to implement countermeasures by July 14, or earlier if necessary. According to the

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Robert Friedland’s Ivanhoe Atlantic Pushes for Iron Ore to Join US Critical Minerals List amid Guinea Project Expansion

Ivanhoe Atlantic (IA), the latest venture by renowned mining mogul Robert Friedland, is reportedly lobbying the US government to include iron ore on the United States’ critical minerals list, aligning with the country’s strategic efforts to secure essential materials for defense manufacturing. According to Mining.com, IA’s campaign reflects a broader U.S. initiative to fortify its

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Zinc Market Outlook: Supply Recovery Supports Smelter Margins but Export Policy and Inventory Risks Persist

In the first half of 2025, mainstream market expectations centered around the pace of zinc mine supply recovery. As supply gradually resumed, zinc prices declined, with the main futures contract falling to the 22,000–23,000 yuan/ton range. As market sentiment stabilized, prices found support. In the short term, the Shanghai zinc main contract is expected to

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India’s Copper Demand Set to Double by 2030 Amid Energy Transition; Adani Smelter Expansion to Cut Imports

On Tuesday, May 13, in response to industrial and energy transition needs, India’s domestic copper demand is expected to double by 2030. Domestic copper industry players include Hindalco Industries, Vedanta, Adani, and state-owned Hindustan Copper. It is estimated that India’s refined copper output is around 555,000 tonnes, and the country imports about 500,000 tonnes of

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Xingye Yinxin to Acquire Australian Tin Miner Atlantic Tin for RMB 454 Million to Expand Global Reserves

On May 5, Xingye Yinxin (000426.SZ) announced that it has signed an Off-Market Takeover Bid Implementation Agreement on April 30 with Atlantic Tin Limited, an unlisted Australian public company. Through its wholly owned subsidiary Xingye Gold, the company plans to acquire 100% of Atlantic Tin’s issued shares via a conditional off-market takeover. The acquisition will

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ILZSG Forecasts Zinc and Lead Market Surpluses in 2025 Amid Rising Global Output

On Friday, April 25, the International Lead and Zinc Study Group (ILZSG) announced its forecast that both the refined zinc and refined lead markets will face supply surpluses in 2025, driven by increased production and moderate demand growth. The group estimates: Refined lead supply will exceed demand by 82,000 tonnes. Refined zinc supply will exceed

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White House to Fast-Track Approval of 10 Key Mining Projects Across the U.S.

White House to Expedite Permits for 10 Strategic Mining Projects Supplying Critical Resources On Friday, April 18, the White House announced it will accelerate the permitting process for ten U.S. mining projects aimed at boosting domestic production of copper, lithium, coal, and other critical minerals. The initiative is part of a broader strategy to reduce

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