July 3, 2025

BlackRock’s spot Bitcoin ETF, trading under the ticker IBIT, have overtaken BlackRock flagship S&P 500 ETF (IVV) in annual revenue generation. Despite being a fraction of its size in terms of assets under management, IBIT’s surge is…

BHP has signed contracts with COSCO Shipping Bulk Co., Ltd., a subsidiary of COSCO shipping Group, for the charter of two ammonia dual-fuelled Newcastlemax bulk carriers. The new vessels to be built under this arrangement will be two of…

HD Hyundai Construction Equipment and HD Hyundai Infracore are set to merge to form a new entity named HD Construction Equipment with a consolidated revenue set at US$6.15 billion. The decision to merge was made during separate board…

In 2024, NREL completed the full buildout of Kestrel, the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy’s newest high-performance computing (HPC) system. This new supercomputer now boasts roughly 56…

The Antofagasta Minerals (AMSA) Centinela mine will soon deploy ABB Gearless Mill Drive (GMD) systems for its new copper concentrator project under construction in Chile. The advanced technologies are expected to enhance operational…

IM Editorial Director Paul Moore met with Cipriano Lopez Fanjul, Mining Division Director at ventilation solutions major, Zitron, at the MMH mining event in Seville, Spain in October 2024 to discuss the company’s background and market…

India and the United States are moving closer to finalizing a "mini trade pact", aimed at achieving incremental progress on bilateral trade issues. According to Confederation of Indian Industry (CII) President Rajiv Memani, the agreement…

In a critical regulatory update, the Directorate General of Foreign Trade (DGFT) has extended import restrictions on Low-Ash Metallurgical (LAM) Coke, reinforcing India’s commitment to protect its domestic coke industry and ensure balanced…

In a development that could disrupt critical industrial supply chains across Asia, China has imposed fresh export restrictions on rare-earth magnets and related raw materials—an essential component in everything from electric vehicles to…

In 2024, the United States consumed about 94 quadrillion British thermal units (quads) of energy, a 1% increase from 2023, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for 82% of…