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Industrial metals

  • Wednesday, 29 October, 2025
    Mining
    EU to probe sale of Anglo’s nickel business to China-backed MMG

    Transaction has attracted criticism from groups that say it will reinforce Beijing’s control of critical metals market

    Pile of round nickel chips closely stacked together.
  • Wednesday, 29 October, 2025
    Rare earths
    EU pressed to back critical minerals projects as China tightens grip

    European policymakers are racing to secure raw materials after Beijing imposed export controls earlier this month

    Ursula von der Leyen speaks at a podium during the Berlin Global Dialogue, with event branding visible behind her.
  • Wednesday, 29 October, 2025
    Copper
    Copper hits record high on supply fears

    Market hit by disruption to production and Donald Trump’s tariffs

    A close-up view of coiled copper rod on a production line, showing smooth, shiny copper wires tightly wound together.
  • Monday, 27 October, 2025
    UK trade
    UK seeks ‘steel alliance’ with US and EU to tackle Chinese oversupply

    Britain’s trade minister says a ‘club’ would be natural response to global glut of metal

    Molten steel is poured from a large vessel
  • Sunday, 26 October, 2025
    News in-depthMining
    Australia’s iron ore riches challenged by green steel and African rival

    Mining boss says resource-rich Pilbara is ‘standing in front of freight train’ as sector changes

    A miner's hand holding a large, rough lump of reddish-brown iron ore against a blurred background
  • Saturday, 25 October, 2025
    Commodities
    Europe struggles to catch up in race to stockpile critical minerals

    Brussels to launch consultation by year-end on stockpiling minerals crucial for defence and green tech

    A worker covered in mud carries a large sack on his back at a rare earth metals mine in Jiangxi province
  • Tuesday, 21 October, 2025
    News in-depthSustainability
    Swedish start-up races to avoid Northvolt-style collapse

    Investors and creditors grow twitchy as Stegra scrambles to resolve worsening funding crisis

  • Monday, 20 October, 2025
    Rare earths
    Rare earths shares soar as US and China battle over export controls

    Trump administration plans to set price floors, create strategic minerals reserve and take equity stakes

    Steam rises from several rounded geothermal fumaroles and vents in a barren landscape near the Salton Sea.
  • Monday, 20 October, 2025
    London Metal Exchange Ltd
    Trump’s tariffs hand surprise win to London Metal Exchange over New York rival

    Copper trading has shifted from Comex as uncertainty persists over US president’s trade policy

    Large coils of copper tubing with a worker in safety gear at the Luvata plant in Johor, Malaysia.
  • Monday, 20 October, 2025
    FT News Briefing podcast12 min listen
    Why Beijing still loves its five-year plans

    Once vital to its former command economy, China still uses five-year plans to convey priorities

  • Tuesday, 14 October, 2025
    Precious metals
    Silver price hits record amid scramble in London market

    Metal has staged a bigger rally than gold this year

  • Monday, 13 October, 2025
    Mining
    Mining billionaire warns over ‘breakdown in international order’

    Ivanhoe founder Robert Friedland says trade and political disputes will have far-reaching consequences for supply chains

    A miner wearing a helmet and gloves stands smiling in an underground tunnel at the Kamoa-Kakula copper mine, with heavy machinery operating in the background.
  • Monday, 13 October, 2025
    Flagship green steel start-up in funding crisis as Europe’s low-carbon ambitions falter

    Stegra, formerly known as H2 Green Steel, struggles to plug gap of up to €1.5bn

  • Sunday, 12 October, 2025
    News in-depth
    Pentagon steps up stockpiling of critical minerals with $1bn buying spree

    Trump administration challenges Chinese dominance of supply chain for metals essential to defence industry

    Montage showing an F-35 jet, various critical minerals and a radar
  • Friday, 10 October, 2025
    Teck Resources
    Teck Resources in talks to supply key defence minerals to Canada and US

    CEO Jonathan Price tells FT summit he took personal responsibility for copper output downgrade

    Bags of antimony
  • Wednesday, 8 October, 2025
    Mining
    Anglo American defends due diligence on $50bn merger as Teck cuts copper forecasts

    Canadian group downgrades outlook just weeks after deal with London-listed rival was announced

    Two workers wearing hard hats and safety gear look over the terraced landscape of the El Soldado copper mine. One points toward the mine.
  • Wednesday, 8 October, 2025
    Glencore
    Glencore secures $394mn from Australia to keep copper smelter operational

    Support package comes as western companies seek to diversify critical mineral supply chains away from China

    The Glencore logo in gold lettering on a sign outside the company's headquarters, with blurred branches in the background.
  • Wednesday, 8 October, 2025
    Europe Express
    EU seeks to weld itself to the US with anti-China steel measures

    Also in this newsletter: European plastic industry on the brink

    Premium content
    Steam and flames rise from the ThyssenKrupp coking plant and blast furnace complex in Duisburg, Germany, illuminated at dusk.
  • Monday, 6 October, 2025
    InterviewBHP Group Ltd
    BHP says growing political interference threatens mining deals

    Strategy chief Catherine Raw warns that countries’ push to control their natural resources complicates dealmaking

    BHP’s operation in South Australia, Olympic Dam, is one of the world’s most significant deposits of copper, gold, and uranium
  • Monday, 6 October, 2025
    EU trade
    UK steel industry warns of ‘biggest crisis’ due to new EU tariffs

    European Commission set to propose a levy of 50% on steel imports

    A worker wearing a blue helmet and high-visibility jacket inspects labels on large coils of stainless steel at a steel facility.
  • Wednesday, 1 October, 2025
    EU trade
    Brussels backs Trump-style tariffs on cheap Chinese steel

    New measures would protect industry, but some countries fear that curbing low-cost imports could drive up prices

    Bundles of steel tubes stacked outdoors at a trading market, with a worker wearing a straw hat among the pipes
  • Wednesday, 24 September, 2025
    Copper
    Copper prices jump as US miner Freeport warns it will not meet contracts with customers

    Disaster at Freeport’s vast Indonesian mine is one of several to disrupt supplies of critical industrial metal this year

    Trucks operate along winding roads inside the terraced open-pit mine at the Grasberg copper and gold mine complex.
  • Monday, 22 September, 2025
    Cobalt
    DR Congo to end cobalt export ban in favour of quotas

    Analysts forecast shortages of metal critical to electric vehicles after move by world’s biggest producer

    Large white sacks filled with cobalt are stacked behind a fence at the Etoile mine, with industrial structures in the background
  • Wednesday, 17 September, 2025
    Mining
    Qatar sovereign fund invests $500mn in Canada’s Ivanhoe Mines

    Gulf countries target critical minerals in move to diversify away from oil and gas

    A man stands in front of the Ivanhoe Mines exhibit display at the PDAC conference, holding brochures
  • Tuesday, 16 September, 2025
    Thyssenkrupp AG
    Thyssenkrupp’s struggling steel unit receives surprise bid from Indian billionaire

    Naveen Jindal’s offer potentially opens door for German industrial conglomerate to offload the business

    Workers in protective gear operate machinery and monitor control panels at ThyssenKrupp’s steel plant in Duisburg, Germany.
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