- Rio Tinto-Glencore megamerger could face ‘clash of cultures’. BHP Group Ltd. is not currently planning to bid for Glencore PLC amid the Swiss miner’s ongoing merger talks with Rio Tinto Group, Reuters reported, citing two people familiar with the matter. READ MORE
- Algoma Steel Group Inc. expects steel shipments to decline in the fourth quarter of 2025 to between 375,000 metric tons and 380,000 metric tons from 548,802 metric tons in the year-ago period amid the Trump administration’s tariffs, Dow Jones Newswires reported. The company also expects its loss to widen to between C$95 million and C$105 million from C$60.3 million. READ MORE
- Metals sector faces aggressive Trump ahead of high-stakes CUSMA trade talks. READ MORE
- US, EU to intensify critical mineral investments in 2026. To date, the EU has established 15 critical minerals partnerships with resource-rich countries, including South Africa, Namibia, Argentina, Chile and Canada, to bolster resilient supply chains. READ MORE
- Australia’s A$1.2B strategic reserve to focus on antimony, gallium and rare earth elements as the country builds supplies needed for fighter jets, semiconductors and advanced technologies, Dow Jones Newswires reported. READ MORE
- Estimated capex for Denison’s Phoenix uranium mine jumps 43% in Canada. READ MORE
- Saudi Arabian Mining Co. expands gold resource base by 7.8 Moz through exploration and resource development drilling, centered on the Mansourah Massarah operation. READ MORE
- Strike at Capstone Copper’s Mantoverde mine in northern Chile could last weeks after negotiations broke down, workers’ representatives warned. READ MORE
- Codelco expected to produce 1.34 MMt of copper in 2026, up 10,000 metric tons from 2025, Chairman Maximo Pacheco told Reuters. READ MORE
- DRC’s Gécamines exercises right to purchase copper for US export, acquiring 100,000 metric tons from the Tenke Fungurume mine, Platts reported. READ MORE
- Japan begins deep-seabed rare earth mining trial near Minamitori Island to curb dependence on China, Agence France-Presse reported. READ MORE
