$700 billion Nigeria critical minerals deal with U.S. will deepen ties

U.S. says its new $700 billion Critical Minerals Framework with Nigeria will deepen economic relations while unlocking investment opportunities in Nigeria’s vast mineral resources. The United States says its new $700 billion Critical Minerals Framework with Nigeria will deepen economic relations while unlocking investment opportunities in Nigeria’s vast mineral resources. The U.S. Department of State said the agreement would expand …

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Copper Crawls Higher on Softer Dollar and Supply Issues

Copper prices edged higher on Friday, supported by a weaker dollar and supply issues, but gains were modest due to worries about high oil prices hitting demand. Benchmark three-month copper on the London Metal Exchange rose 0.5% to $14,319 a metric ton in official open-outcry trading. That marked a decline of 2% since the end of last week. “Metals have …

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Indonesia, US strengthen cooperation on rare earths

Indonesia’s Trade Minister Budi Santoso met the U.S. Chamber of Commerce to strengthen trade ties with Indonesia through the Business 20 (B20) forum. Minister Santoso stated Indonesia is opening up business cooperation opportunities for the U.S. private sector, from downstream industries and value-added production to supplier development. Furthermore, opportunities for collaboration remain open in strategic sectors such as rare earth …

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