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              Industrial metals

              • Friday, 10 January, 2025
                Mining
                China’s Zijin in takeover talks for lithium miner

                Chinese businesses continue to establish dominant foothold in fast-growing sector for battery supply chain

                A truck transports mined materials on the excavated terrain of the Veliki Krivelj open pit copper mine
              • Wednesday, 1 January, 2025
                Global InsightAndy Bounds
                The EU’s impossible choice on trade and tariffs

                Trump’s threat of higher duties on Chinese goods raises the stakes for a union proud of its free-trading instincts

                A paint factory in China
              • Wednesday, 1 January, 2025
                Copper
                Telecoms groups forecast to reap $10bn windfall from recycled copper

                Industry is decommissioning legacy lines as demand for metal expected to grow

                A worker inspects large coiled bundles of 8mm copper wire in a warehouse
              • Thursday, 12 December, 2024
                Rio Tinto PLC
                Rio Tinto to invest $2.5bn in latest commitment to lithium

                Mining major is betting on metal’s future because of its key role in electric vehicle batteries despite global glut

                Brine pools used to extract lithium at the Salar del Rincon salt flat in Argentina
              • 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.
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