Russia’s Nornickel will pay $18 million to pass its 50% stake in Nkomati nickel mine in South Africa to its partner African Rainbow Minerals (ARM), ARM said on Friday, ending years of Nornickel’s attempts to exit Africa.

In its latest report, the World Steel Association said the major steel production companies in the world produced more than 1.5 billion tons of crude steel from January to October 2023

Managers, technicians and financiers of the Asian company China Steel Corporation (CSC) visited the facilities of the paralyzed steel mill Altos Hornos de Mexico(AHMSA).

Stellantis NV and China’s Contemporary Amperex Technology Co. Ltd. plan to set up a factory for low-cost electric-vehicle batteries in Europe, deepening ties between the Fiat maker and Chinese companies.

The expedited development option will have average ore grades of 29.1% iron over the five years.

The in-house China-based battery grade manganese sulphate scoping study looks to develop a plant with a total capacity of 72 000 t/y battery grade manganese sulphate equivalent from manganese concentrate.

China's iron and steel industry needs to step up efforts on innovation and other practices to reduce cost and increase efficiency, to cope with challenges and realize high-quality growth, according to industry experts.

Teck Resources Ltd., one of Canada's leading mining companies, announced Tuesday the full sale of its steelmaking coal business in a series of deals valued at 8.9 billion U.S. dollars.