Iran effect: Qatar turns to US LNG, set to become world’s biggest buyer
Long-term deals with Woodside and Cheniere will give QatarEnergy access to seven million tonnes annually, helping it to offset disruptions to Gulf exports...
Category : Commodity
Oman opens new mining concessions in critical minerals push
The concessions comprise Area 25-C, covering 627 square kilometres; Area 25-F, spanning 830 square kilometres; and Area 22-C, covering 605 square kilometres...
ADNOC offers USD 16.3 billion in manufacturing opportunities to UAE suppliers
ADNOC’s latest initiative builds on its In-Country Value (ICV) program, launched in 2018 to redirect procurement spending into the domestic economy...
Aliko Dangote buys 25% stake in Kenya’s oil pipeline network for USD 327 million
The transaction made by the Nigerian billionaire involves about 4.5 billion shares in Kenya Pipeline Company, representing 24.76% of its issued shares...
Trump announces USD 15 billion Iowa steel project ahead of US Midterms
Trump unveiled the project with executives from Mesabi Metallics, which recently opened Minnesota's first new iron ore mine in 50 years...
Northern Star rejects USD 27 billion takeover bid from South Africa’s Gold Fields
The unsolicited approach, submitted on September 13 and received by Northern Star on September 14, valued each Northern Star share at AUSD 27...
China’s gold rush gathers pace as imports top 1,000 tonnes in eight months
Investment demand, central-bank buying and weaker domestic alternatives are driving a surge in Chinese bullion purchases...
Saudi Arabia discovers 110 million tonnes of uranium-bearing ore
The breakthrough discovery strengthens Riyadh’s mining and civilian nuclear ambitions as it seeks to develop domestic critical-mineral resources...
White House stalls copper tariff discussions as economy dominates midterm narrative
Both President Donald Trump and Republican lawmakers are facing pressure from American consumers and businesses over the higher costs...
China rare earth firms halt US shipments ahead of Xi-Trump summit
A handful of Chinese suppliers has reportedly refused to ship rare earths to American companies since early August...