Transnet to unlock 800kt/y in chrome ore exports after signing rail deal with Mozambique

Iron-ore and steel prices tumbled on Friday as prospects of a sharp global economic downturn fanned fears of a slump in demand for commodities, despite signs of a rebound in manufacturing activity in top metals consumer China.

Australia’s resource and energy export earnings are estimated to be worth A$405-billion in 2021/22, and are forecast to rise to A$419-billion in 2022/23, delivering two successive record years, the Office of the Chief Economist reported on Monday.

Tulla Resources’ subsidiaries Central Norseman Gold Corporation (CNGC) and Pangolin Resources have entered into an offtake and funding agreement with Australia-based Constance Iron, for its Norseman iron-ore project, in Australia.

Britain on Wednesday announced sanctions on oligarch Vladimir Potanin, described by London as Russia's second-richest man and who has been buying assets from firms exiting Russia over the invasion of Ukraine.

Experts: Expanded program key to helping firms grow, enhance their roles in real economy

To decarbonise its production sites in Bremen, Hamburg, Eisenhüttenstadt and Duisburg as planned, ArcelorMittal Germany needs renewable energy on a large scale.

At Glencore's aging Mt Owen opencut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to burnish the company's environmental credentials with climate activists and shareholders who want it to back...