Cleveland-Cliffs Extends POSCO Deal Timeline to H1 2026 Amid Q4 Losses
Cleveland-Cliffs reports Q4 2025 losses but sees brighter 2026 outlook. POSCO partnership negotiations extended to first half 2026. Stock drops 19% on disappointing results.
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Rio Tinto Abandons Glencore Mega-Merger Over Price Disagreement
Rio Tinto walks away from acquiring Glencore after failing to agree on price, ending talks for what would have been the world's largest mining company merger.
BofA Upgrades Sigma Lithium After Mining Restart
BofA analyst upgrades Sigma Lithium to Neutral as mining activities resume, reducing timeline risks but liquidity concerns remain.
Eldorado Gold to Acquire Foran Mining in $2.79B Deal
Eldorado Gold acquires Foran Mining for $2.79B, creating a leading gold-copper producer with strong growth prospects and diversified assets across Canada, Greece, and Turkey.
Trump Launches $12B Strategic Minerals Stockpile to Counter China
President Trump unveils Project Vault, a $12 billion initiative to stockpile critical minerals, reducing US dependence on China and protecting manufacturers from supply disruptions.
US Seeks Global Deal to Stabilize Rare Earth Mineral Prices
The Trump administration plans to build international consensus on rare earth pricing to counter China's market dominance and protect Western refiners from price undercutting.