Industrial metals
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What is the latest news on the UK economy?
Western support for Ukraine
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UK inflation vs the world
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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
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
May 14 2025
Markets Insight
Zornitsa Todorova
If the US wants more rare earths, it needs to tackle refining
China has an unmatched dominance in the processing of critical commodities
May 12 2025
Lex
Cobalt
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
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
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
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
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
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
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
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
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
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
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
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
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
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
April 17 2025
Mining
BHP says global economy depends on China boosting consumption
World’s biggest miner says tariff impact ‘limited’ so far
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
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
April 15 2025
The FT View
The editorial board
The UK government needs a proper plan for steel
The future is not in the Scunthorpe blast furnaces that ministers have rescued
April 15 2025
Lex
British 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
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
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