Nornickel reported a first-half profit on Friday that fell 22%, hurt by weak nickel prices, while the Russian miner also grappled with logistical difficulties and issues related to cross-border payments.
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 152.8 million tonnes (Mt) in July 2024, a 4.7% decrease compared to July 2023.
Jubilee Metals Group has met its copper production targets and exceeded its chrome production guidance for the fourth quarter of its 2024 financial year.