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MMD Expands Material Movement Solutions in Mining with TraxIQ Acquisition

MMD Expands Material Movement Solutions in Mining with TraxIQ Acquisition

MMD Expands Material Movement Solutions in Mining with TraxIQ Acquisition
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Australian Iron-Ore Miners Seek Government Support in Pricing Dispute with China

Australian Iron-Ore Miners Seek Government Support in Pricing Dispute with China

Major Australian iron-ore miners, including BHP, Fortescue, and Rio Tinto, are seeking assistance from the Australian government in response to China's aggressive pricing tactics. China's State iron ore buyer, China Mineral Resources Group (CMRG), has been pressuring these companies for better terms, impacting the $132-billion seaborne market. The miners have proposed the idea of a single selling desk to counteract CMRG's influence. The Australian government, aware of the economic significance of iron ore exports, is considering its options. The issue has been raised in a Senate panel, with government officials confirming ongoing discussions with the miners.
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USA Rare Earth Announces $1.2 Billion Investment in South Carolina Magnet Plant

USA Rare Earth Announces $1.2 Billion Investment in South Carolina Magnet Plant

USA Rare Earth Announces $1.2 Billion Investment in South Carolina Magnet Plant
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Chinese Manufacturers Expand Influence with Belt and Road Initiative Partners

Chinese Manufacturers Expand Influence with Belt and Road Initiative Partners

Chinese manufacturers are increasingly strengthening their ties with countries involved in the Belt and Road Initiative (BRI), leading to mutual benefits for local businesses, healthcare providers, and consumers. Jiangling Motors Group Co., Ltd. (JMCG), a prominent automaker from Jiangxi Province, has been expanding its presence in the Middle East, particularly in Saudi Arabia, through partnerships with local companies like Aljabr Holding Company. JMCG's export sales surged by 38.4% in 2025, with significant contributions from the Middle East market. Additionally, Jiangxi Sanxin Medtec Co., Ltd. is capitalizing on China's manufacturing advancements to expand its medical device exports to BRI countries, focusing on blood purification and other healthcare products. The export value of Chinese medical devices reached $50.47 billion in 2025, highlighting the growing diversification of market structures facilitated by the BRI.
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Exclusive-Cargill in talks to sell metals unit to Macquarie, sources say

Exclusive-Cargill in talks to sell metals unit to Macquarie, sources say

By Amy Lv, Winni Zhou, Ella Cao and Lewis Jackson SHANGHAI/BEIJING June 6 (Reuters) - Cargill is in talks to sell its metals unit to Macquarie Group, five sources with knowledge of the matter said, as the global trading house aims to focus on its core food and agriculture operations.
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CSIS Report Highlights China's Critical Minerals Acquisitions, Urges U.S. and Allies to Act

CSIS Report Highlights China's Critical Minerals Acquisitions, Urges U.S. and Allies to Act

A report from the Center for Strategic and International Studies (CSIS), authored by critical minerals expert Gracelin Baskaran, highlights the aggressive pace at which Chinese firms are acquiring critical minerals projects globally. In 2024, Chinese companies completed over 10 significant transactions, each exceeding $100 million, marking the busiest year for Chinese overseas mining investments in over a decade. This trend underscores China's strategic efforts to secure mineral resources essential for future industrial and geopolitical competition. The report emphasizes that Western countries, including the U.S., often become aware of these acquisitions only when they are nearly finalized, leaving little room for intervention. Baskaran suggests that the West lacks a comprehensive, real-time registry of critical mineral assets, which limits their ability to compete effectively.
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Viatris Develops New Drug Pipeline to Boost Revenue and Market Valuation

Viatris Develops New Drug Pipeline to Boost Revenue and Market Valuation

Viatris Develops New Drug Pipeline to Boost Revenue and Market Valuation
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TotalEnergies Receives Kremlin Approval to Exit Arctic LNG 2 Amid Sanctions

TotalEnergies Receives Kremlin Approval to Exit Arctic LNG 2 Amid Sanctions

TotalEnergies Receives Kremlin Approval to Exit Arctic LNG 2 Amid Sanctions
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The Oregon Group Expands Geopolitical Commodity Intelligence Platform Under Anthony Milewski

The Oregon Group Expands Geopolitical Commodity Intelligence Platform Under Anthony Milewski

The Oregon Group Expands Geopolitical Commodity Intelligence Platform Under Anthony Milewski
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USA Rare Earth to Invest $1.2 Billion in South Carolina Facility to Enhance Domestic Supply

USA Rare Earth to Invest $1.2 Billion in South Carolina Facility to Enhance Domestic Supply

USA Rare Earth to Invest $1.2 Billion in South Carolina Facility to Enhance Domestic Supply
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OECD says protracted war could drag on global growth, push up inflation

OECD says protracted war could drag on global growth, push up inflation

By Leigh Thomas PARIS, June 3 (Reuters) - The global economic outlook hinges on how long the war in the Middle East lasts, with recession in some countries and sharply higher inflation a real possibility if it drags on into next year, the Organisation for Economic Cooperation and Development warned
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Yangzijiang Shipbuilding Completes Strategic Investment in Seaspan, Enhancing Market Position

Yangzijiang Shipbuilding Completes Strategic Investment in Seaspan, Enhancing Market Position

Yangzijiang Shipbuilding Completes Strategic Investment in Seaspan, Enhancing Market Position