South America’s largest economy, Brazil, is on track to become one of the world’s top five oil producers. During 2023, Brazil received an offer to join the OPEC+ price cartel, but it took until early 2025 for the government in the capital, Brasilia, to accept membership. This marked a significant change in government strategy, as…
Global manganese production remains highly concentrated in Africa, with South Africa, Gabon and Ghana together accounting for a substantial portion of total production. This concentration reinforces Africa’s strategic role in the global manganese supply chain and highlights the sector’s structural dependence on a limited number of producing regions. In 2025, global manganese production is estimated…
Global iron ore production is forecast to rise 1.9% in 2025 to reach 2,612.7 million tonnes (mt), up from 2,564.4 million tonnes in 2024. The modest growth comes despite weakening production in China due to weak domestic demand for steel and a prolonged slowdown in construction and infrastructure activity. This shortfall has been largely offset…
Argentina, in a surprising fact, surpassed Colombia and became the fourth largest oil producer in South America. The country is experiencing a once-in-a-generation unconventional hydrocarbons boom, which began when Buenos Aires nationalized integrated energy major YPF in 2012. Since then, Argentina’s oil and natural gas production has continued to rise, periodically hitting new monthly highs…
