Industrial metals

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  • What is the latest news on the UK economy?
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Industrial metals

  • May 15 2025
    Mining
    Modern warfare is reshaping metals demand, says mining veteran
    Surge in military consumption comes as growth of renewable energy supercharges demand for copper
    An employee in an ammunitions factory handles 155mm caliber shells
  • May 15 2025
    The Big Read
    Deep-sea mining: Can the US turn science fiction into reality?
    Donald Trump’s executive order on undersea minerals has encouraged mining companies — but critics say it will damage the environment and struggle to make money
    Montage of a mineral nodule at the bottom of the ocean overlaid with graphics of deepsea mining equipment that operates at different depths
  • May 14 2025
    Markets InsightZornitsa Todorova
    If the US wants more rare earths, it needs to tackle refining
    China has an unmatched dominance in the processing of critical commodities
    Environmental experts of CDM Engineering Ukraine test the groundwater level at the Polokhivske lithium deposit
  • May 12 2025
    LexCobalt
    Cobalt IPO is a novel way to play the blue metal Premium content
    Investors will gain exposure to a commodity for which demand is expected to grow — but without any of the operational risk
    A conveyor belt moves raw cobalt for processing at a mine near Lubumbashi, the Democratic Republic of Congo
  • May 12 2025
    IPOs
    Cobalt Holdings plans London IPO with Glencore taking 10% stake
    Metal investment company aims to raise $230mn from listing next month
    Cut cobalt cathodes
  • May 11 2025
    Copper
    Rush of copper to US because of tariff threat creates shortages in continental Europe
    Region’s spot market hit by lack of the red metal for immediate delivery, pushing up premiums on top of benchmark LME prices
    A worker in the foundry of a copper smelter in Poland in April 2025
  • May 10 2025
    US politics & policy
    US military leaders wade into fight over tax breaks for critical minerals
    Fight is underscoring scrambled political alliances surrounding Biden-era Inflation Reduction Act
    A worker at a Standard Lithium plant in Arkansas, United States
  • May 6 2025
    Argentina
    Argentina’s wine heartland eyes copper riches
    Mendoza could open new mine in a nationwide rush for the red metal under President Javier Milei
  • May 1 2025
    British Steel Ltd
    UK government has so far set aside £94mn to cover British Steel rescue
    Critics warn costs could spiral into billions
  • April 29 2025
    British Steel Ltd
    UK took control of British Steel before assessing cost to taxpayers, letters show
    ‘Ministerial direction’ raises questions over price of saving country’s last two blast furnaces
    Business secretary Jonathan Reynolds at the Scunthorpe site
  • April 29 2025
    Copper
    China’s copper supplies set to run out as US tariffs bite, says Mercuria
    Market suffers one of ‘greatest tightening shocks’ in its history as traders race to get ahead of potential levies
    An employee works on the production line of copper-cored cable at a workshop in Huzhou, Zhejiang province, China
  • April 29 2025
    Mining
    Nevada lithium miner confident of finding new investor despite weak prices
    Ioneer’s Rhyolite Ridge project part of US ambitions to secure supply of critical minerals
    A woman works in a factory producing lithium batteries in Huaibei in central China’s Anhui province
  • April 29 2025
    Indonesia
    Indonesia raises mining levies in blow to nickel producers
    Industry says royalty increase is ‘ill-timed’ and warns of lower profits
    Aerial view of a nickel mining site in Sorowako, South Sulawesi, Indonesia
  • April 27 2025
    KoBold Metals
    Mining group backed by Gates and Bezos expands into DR Congo
    KoBold bets country will be important to US efforts to secure minerals for energy transition
    An employee of Chinese company CMOC demonstrates cobalt hydroxide produced at Tenke Fungurume Mine
  • April 24 2025
    Explainer
    How critical minerals became a flash point in US-China trade war
    Beijing’s response to Donald Trump’s tariffs intensifies battle to control supply of commodities vital to high-tech sectors
    Montage of rare earths, an aeroplane, windmills and mechanical equipment
  • April 23 2025
    London Metal Exchange plans to introduce green metals premium
    Move follows pressure from mining firms to distinguish their supplies from ‘dirty’ minerals with large environmental impact
    Traders work on the floor of the London Metal Exchange in London
  • April 22 2025
    British Steel Ltd
    British Steel halts plan to axe 2,700 jobs
    Previous management team had begun consultation on roles after Chinese owner turned down taxpayer funds
    Workers in the rail and sections hot end rolling mill at the British Steel site in Scunthorpe
  • April 18 2025
    Mining
    UK says transfer of deep-sea mining permits could prompt security review
    A British company holding two Pacific Ocean exploration licences is up for sale after its Norwegian parent went bankrupt
    Norway’s Loke Marine Minerals had been developing technology to map the seabed
  • April 17 2025
    British Steel Ltd
    UK starts hunt for buyer for British Steel
    Government stepped in to take control of struggling company but is keen to attract private sector investment
    Rachel Reeves pictured at British Steel’s Scunthorpe plant.
  • April 17 2025
    Mining
    BHP says global economy depends on China boosting consumption
    World’s biggest miner says tariff impact ‘limited’ so far
    A worker at BHP's Escondida copper mine in Antofagasta, Chile, stands inside a copper cathodes plant with large metal sheets suspended from machinery and the worker wearing protective gear, including a helmet and mask
  • April 16 2025
    Lex
    A mini-gold rush brews three miles below sea level Premium content
    Whether deep-sea mining will transform the US’s geopolitical fortunes is unclear
    Greenpeace activists hold a yellow banner reading "STOP DEEP SEA MINING" while sitting in kayaks on the ocean
  • April 16 2025
    Trump tariffs
    Trump threatens to hit critical minerals with tariffs
    US president could escalate trade conflict with Beijing by launching probe into supplies
    Donald Trump
  • April 15 2025
    The FT ViewThe editorial board
    The UK government needs a proper plan for steel
    The future is not in the Scunthorpe blast furnaces that ministers have rescued
    The British Steel Scunthorpe Site
  • April 15 2025
    LexBritish Steel Ltd
    British Steel needs a forever subsidy Premium content
    Making the metal at home is a trade-off that seems more appealing when global trust in commerce is scarce
    Montage shows the British Steel plant at Scunthorpe against a data backdrop
  • April 13 2025
    British Steel Ltd
    UK races to secure coal to keep British Steel furnaces operating
    Officials work to ensure shipments arrive quickly after emergency government intervention
    Business secretary Jonathan Reynolds
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