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Glencore plans 1,000 jobs cuts, while Rio Tinto and BHP tighten workforces amid cost pressures
09 Dec 20253MINS
SupplementAL
Glencore plans to cut about 1,000 jobs as it tries to get its costs back in check and reset the business. The decision comes at a time when big mining companies, including Glencore, are dealing with rising expenses and ageing mines that are becoming tougher and more expensive to operate. At a cap ...
Pentagon supports ElementUSA to loosen China’s monopoly on critical minerals
09 Dec 20253MINS
SupplementAL
The US Department of Defence has reportedly directed USD 29.9 million to ElementUSA for establishing a demonstration facility aimed at producing gallium and scandium on American soil, with a strong focus on leveraging alumina refining. The goal of the project is to ramp up domestic production of pro ...

09 Dec 20253MINS
Downstream
Telangana’s aluminium manufacturers are facing a pocket pinch following the continuous price rise of the primary metal. For many small and mid-sized units, particularly the ones in secondary production and fabrication, the price jumps have become difficult to absorb. The 7.5 per cent duty on importe ...
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