News
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Almonty To Acquire US Tungsten Project In Montana
Oct 28 (Reuters) - Almonty Industries Inc AII.TO:ALMONTY TO ACQUIRE STRATEGIC U.S. TUNGSTEN PROJECT IN BEAVERHEAD COUNTY, MONTANAALMONTY INDUSTRIES INC - TO BUY GENTUNG BROWNS LAKE PROJECT FOR $9.75 MILLIONALMONTY INDUSTRIES INC - TO PAY $750,000 CASH AND ISSUE $9 MILLION IN SHARESALMONTY INDUSTRIES...Reuters
Tue, Oct 28
States sue over Trump administration suspending food benefits during shutdown
By Nate Raymond BOSTON, Oct 28 (Reuters) - A coalition of Democratic-led states filed a lawsuit on Tuesday to stop President Donald Trump's administration from suspending food aid benefits starting on November 1 amid the ongoing U.S. government shutdown.Attorneys general and governors from 25...Reuters
Tue, Oct 28
Russia's Gazprom raises 2025 investment plan to 1.615 trillion roubles
MOSCOW, Oct 28 (Reuters) - Russian gas giant Gazprom GAZP.MM has revised its 2025 investment programme upward by 91.7 billion roubles, bringing the total to 1.615 trillion roubles ($19.9 billion), the company said on Tuesday.Deputy CEO Famil Sadygov said Gazprom expects revenue from gas sales to rea...Reuters
Tue, Oct 28
Meatpacker JBS hit with US lawsuit over climate target
NGO Mighty Earth alleges 2040 net-zero target misleadingCase filed in DC court; New York AG to refile similar claimNGO reports Barclays to UK watchdog for 'facilitating' JBSLatest challenges come ahead of COP30 climate talksBy Simon Jessop, Kirstin Ridley and Luciana Magalhaes LONDON, Oct...Reuters
Tue, Oct 28
Mozambique will give position on revised budget for TotalEnergies LNG project later
MAPUTO, Oct 28 (Reuters) - Mozambique's cabinet met on Tuesday, but it did not take a position on the updated budget and schedule for the mammoth liquefied natural gas project TotalEnergies TTEF.PA is leading in the country and will only give a view later, a government spokesperson said.The Fren...Reuters
Tue, Oct 28
US Cash Grains-Soybean basis higher, corn mixed as futures bounce
CHICAGO, Oct 28 (Reuters) - Spot cash soybean basis bids were higher and corn bids were mixed on Tuesday as some farmers took advantage of a price bounce to sell.The soybean basis rose at two river terminals.The corn basis fell at an Iowa processor and Indiana ethanol plant and rose at an Iowa river...Reuters
Tue, Oct 28
Canada to work with G7 partners to secure critical mineral supply deals, minister says
Canada to host G7 energy and environment ministers in Toronto this weekG7 countries, except Japan, rely heavily on China for critical materialsCanada plans to take lead in securing supply chains for key allies, minister saysBy Divya Rajagopal TORONTO, Oct 28 (Reuters) - Canada will focus on secur...Reuters
Tue, Oct 28
PRECIOUS-US-China trade progress sends gold to three-week low
Wall Street's main indexes open at record highsLBMA's annual gathering sees gold at $4,980 per ounce over the next 12 months Bank of America says market has become overboughtBy Anjana Anil and Pablo Sinha Oct 28 (Reuters) - Gold slipped to a three-week low on Tuesday as hopes for progres...Reuters
Tue, Oct 28
Mining giant Grupo Mexico's Q3 profit up over 50%
MEXICO CITY, Oct 28 (Reuters) - Mining and transportation conglomerate Grupo Mexico reported a third-quarter net profit that climbed more than 50%, coming in at $1.29 billion.Revenue for the group, a top copper producer, jumped 11% to $4.59 billion in the quarter, according to a filing published on ...Reuters
Tue, Oct 28
US natural gas prices fall over 2% on profit-taking, mild weather outlook
November contract roll-off on WednesdayCategory 5 Hurricane Melissa expected to hit JamaicaHeating demand easedLSEG cut its two-week HDD forecast to 207 from 214U.S. gas prices are down more than 5% so far this year By Sherin Elizabeth Varghese Oct 28 (Reuters) - U.S. natural gas futures fell mor...Reuters
Tue, Oct 28
Polish oil terminal expansion may boost Germany's seaborne intake
By Marek Strzelecki DEBOGORZE, Poland, Oct 28 (Reuters) - Poland's Naftoport will build a new jetty to accommodate supertankers at its Gdansk oil terminal, its majority owner said, aiming to ease pressure on infrastructure and enable German customers to fully switch to seaborne oil supplies.T...Reuters
Tue, Oct 28
Canada to consider offtake agreements with price floors for critical minerals, minister says
By Divya RajagopalTORONTO, Oct 28 (Reuters) - Canada will consider potential off-take agreements with price floors for critical minerals with its Group of Seven partners this week, as the country hosts the meeting of energy and environment ministers in Toronto, Natural Resources Minister Tim Hodgson...Reuters
Tue, Oct 28
PRECIOUS-US-China trade progress sends gold to three-week low
US stock index futures hover near record highsLBMA's annual gathering sees gold at $4,980 per ounce over the next 12 months Bank of America says market has become overboughtBy Anjana Anil and Pablo Sinha Oct 28 (Reuters) - Gold slipped to a three-week low on Tuesday as hopes for progress in ...Reuters
Tue, Oct 28
US, Japan leaders sign rare earths, nuclear power deal ahead of Trump-Xi meeting
China expands curbs on rare earthsRare earths, critical minerals are key electronic componentsEssential for items from cars to fighter jets Japanese companies could be involved in cooperation with U.S. on new-generation nuclear power, factsheet shows Japan's new PM Takaichi favors nuclear power ...Reuters
Tue, Oct 28
Vale expects to reclaim top spot in global iron ore production, CEO says
SALVADOR, Brazil, Oct 28 (Reuters) - Brazilian miner Vale VALE3.SA is confident it will regain this year the position of the world's largest iron ore producer, CEO Gustavo Pimenta said on Tuesday, a title it had lost to Rio Tinto RIO.AX in recent years. "We are likely at our best in terms of...Reuters
Tue, Oct 28
CBOT Trends-Wheat up 6-7 cents, corn up 1-2, soy up 10-11
CHICAGO, Oct 28 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Up 6 to 7 cents ...Reuters
Tue, Oct 28
Aramco CEO says oil demand strong, market watching Russia sanctions
Oil market eyeing effect of sanctions on Lukoil, RosneftDemand for hydrocarbons strong, policy u-turns are evidenceAramco investing $2 bln over three years in digital company By Yousef Saba Oct 28 (Reuters) - The CEO of Saudi state oil giant Aramco said on Tuesday crude oil demand was strong even...Reuters
Tue, Oct 28
GRAINS-Chicago soybeans hit 15-month high on US-China trade deal hopes
BEIJING/PARIS, Oct 28 (Reuters) - Chicago soybean futures touched a more than 15-month high on Tuesday, driven by prolonged optimism that the U.S. could reach a trade deal with China as leaders from both the countries are expected to meet in South Korea on Thursday.As of 1212 GMT, the most-active so...Reuters
Tue, Oct 28
EU to pool companies' demand to buy more non-Russian gas
By Kate Abnett BRUSSELS, Oct 28 (Reuters) - The European Union will start pooling demand from European companies to buy gas in the coming weeks, its energy commissioner said, as the bloc attempts to speed up its efforts to phase out Russian energy.The EU is negotiating legal proposals to ban all ...Reuters
Tue, Oct 28
