Tag - metals

 
 

METALS

A rare earth open-pit mine in Mountain Pass, California. U.S. President Donald Trump signed an executive order that taps the Cold War-era Defense Production Act as part of an effort to domestically process a range of critical minerals.
WORLD / Politics
Mar 21, 2025
U.S. moves to curb China’s grip on critical minerals
Trump invokes emergency powers for more U.S. mining, citing economic and security concerns.
JX Advanced Metals' stock rose as much as 6.7% in morning trading on Wednesday as it debuted on the Tokyo Stock Exchange.
BUSINESS / Companies
Mar 19, 2025
JX Advanced Metals surges on debut after biggest Japan IPO since 2018
The successful debut for JX may provide a tailwind for other local IPO hopefuls to push forward with their plans to go public.
Rolled steel is stored at a Hyundai Steel plant in Dangjin, South Korea, in 2011.
BUSINESS / Markets
Mar 13, 2025
South Korean steelmakers eye U.S. investments as Trump tariffs kick in
Posco and Hyundai Steel say investments in operations in the U.S. are among their options. Meanwhile, European steel mills warn of a flood of surplus metal.
The law will require scrap metal dealers to verify the identity of sellers during transactions.
JAPAN / Crime & Legal
Mar 11, 2025
Japan moves to curb metal theft with new identity check laws
Metal theft has surged in recent years, driven by rising copper prices.
Trade minister Yoji Muto says his talks in Washington with U.S. officials didn’t result in any confirmation to exclude Tokyo from upcoming tariff measures.
BUSINESS / Economy
Mar 11, 2025
Japan's trade minister fails to win tariff exemption assurance from U.S.
New duties on car imports would deal a direct blow to the economy of Japan, which is already bracing for an indirect impact from tariffs the U.S. is imposing on other nations.
JX Advanced Metals plans to list on the Tokyo Stock Exchange on March 19.
BUSINESS / Companies
Mar 10, 2025
JX Metals raises $3 billion in Japan's biggest IPO since SoftBank
The semiconductor materials supplier, whose clients include Taiwan Semiconductor Manufacturing Co. and Intel, plans to list on the Tokyo Stock Exchange on March 19.
JX Advanced Metals' shares will be offered at ¥810 to ¥820 each after feedback from investors, the firm said in a filing in Tokyo on Monday.
BUSINESS / Companies
Mar 3, 2025
JX Metals cuts price of Japan’s biggest IPO since SoftBank
The shares will be offered at ¥810 to ¥820 each after feedback from investors, JX Metals said in a filing in Tokyo on Monday.
According to a tally released on Thursday, some 1,416 labor unions under the umbrella of the Japan Council of Metalworkers’ Union requested a monthly base salary gain of ¥14,149 ($94.84) on average in talks expected to culminate with a deal next month.
BUSINESS / Companies
Feb 27, 2025
Japan's metalworker unions demand record pay hike
The demand by Japan Council of Metalworkers’ Union is an early sign of continued momentum for pay growth in the country.
U.S. President Donald Trump and Russian President Vladimir Putin hold a bilateral meeting at the Group of 20 leaders summit in Osaka in June 2019. A Putin-Trump summit is on the horizon.
WORLD / Politics / ANALYSIS
Feb 20, 2025
Russian forces advance on Ukraine's critical minerals as Trump talks of a deal
The seizure of Kyiv's mineral wealth, while not the main war aim, is among Moscow's strategic goals, experts say.
The Tokyo Stock Exchange
BUSINESS / Companies
Feb 14, 2025
Japan’s biggest IPO since SoftBank seeks to raise $3 billion
The deal would exceed last year’s blockbuster share debut of subway operator Tokyo Metro.
The producer price index in 2024 rose 2.3% from the previous year to 122.6, against 100 for the base year of 2020, a Bank of Japan report showed Thursday. The index was up for the fourth year in a row.
BUSINESS / Economy
Jan 16, 2025
Japan's producer price index hit record high in 2024
The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122.6.
Mitsubishi Corp. will stop buying and selling refined metals and mineral resources in the Chinese spot market after a suspected fraud by one of its copper traders caused a huge loss.
BUSINESS
Jan 14, 2025
Mitsubishi Corp. quits China metal trading after copper fraud
Mitsubishi announced a ¥13.8 billion loss "in its Chinese trading business” in its quarterly earnings in November.
Copper cables stolen from a solar power facility and cable cutters used for the theft
JAPAN / Crime & Legal
Jan 9, 2025
Japan eyeing mandatory ID check for scrap metal trading
Stolen copper wires are often brought to buyers as scrap metal, but there is no law requiring identity verification, making it easier to cash in stolen items.
The flag of China is seen next to the elements of gallium and germanium on a periodic table.
BUSINESS / Markets
Dec 23, 2024
Tiny but vital metal markets rush to adjust to Chinese clampdown
Beijing this month slapped a ban on U.S.-bound exports of gallium, germanium and antimony in a tit-for-tat move in a technology trade war.
While the prospect of Eneos Holdings offloading a majority stake in JX has been mooted for years, it is coming closer to reality amid a hot market for share sales in Tokyo.
BUSINESS / Companies
Dec 19, 2024
Eneos considers IPO of up to 70% of JX Advanced Metals
Japan has seen the highest volume of IPOs this year since 2018.
In scrap yards lacking proper environmental safeguards, towering piles of scrap are at risk of collapse.
JAPAN / FOCUS
Dec 10, 2024
Japan to tighten regulations for electronic devices scrap yards
Local communities have expressed concerns over frequent fires and noise pollution.
Beijing has banned the export of gallium, germanium and antimony to the U.S.
WORLD / Politics
Dec 4, 2024
China dials up U.S. trade tension with tit-for-tat metals export ban
The targeted metals are used in everything from semiconductors to satellites and night-vision goggles.
Teck Resources signage during the Prospectors & Developers Association of Canada conference in Toronto, Canada, on March 2, 2020
WORLD / Politics
Dec 4, 2024
Canada mining group uses China ban to push back on Trump's tariffs
Trade tensions with the U.S. are escalating after President-elect Donald Trump threatened to slap 25% tariffs on all goods coming from Canada and Mexico.
An official from the Japan Council of Metalworkers' Unions writes on a board the results of this year's shuntō annual spring labor negotiations in March in Tokyo.
BUSINESS / Economy
Dec 3, 2024
JCM to demand pay-scale hike of ¥12,000 or more in 2025
The organization is aiming to ensure wage increases exceed the rate of inflation.
Investigators from the Tokyo Metropolitan Police raid a metal shop in Koga City, Ibaraki Prefecture, on Monday.
JAPAN / Crime & Legal
Nov 18, 2024
Four shops raided in Japan for allegedly buying stolen cables
By October, Tokyo's Metropolitan Police Department had arrested seven members of a Thai group for stealing copper cables from solar power plants.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.