Global insight

Baosteel, Saudi Aramco, and PIF to Jointly Build World's First Green and Low Carbon Steel Plant in Saudi Arabia

The plant will have a designed capacity of 2.5 million tons of direct reduced iron and 1.5 million tons of thick plate annually.

Saturday, May 6, 2023

Saudi Aramco, Baosteel, PIF sign agreement on new steel plate manufacturing complex

The complex is expected to advance the regional steel industry ecosystem with an estimated annual production capacity of up to 1.5 million tons.

Saturday, May 6, 2023

Implats says metal output “at lower end” as loses refining capacity to Eskom curtailments

IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce forecast for the 2023 financial year ended June 30 largely owing to power interruptions.

Saturday, May 6, 2023

India's Britannia Industries Q4 profit tops view on strong demand

Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins.

Saturday, May 6, 2023

Indonesia to prioritize domestic MHP production

Speaking on Tuesday, May 2, at Fastmarkets’ Asian Battery Raw Materials Conference in Singapore, deputy of investment and mining coordination Septian Hario Seto said the Indonesian government was “not going to be issuing any new permits for NPI smelters in I...

Friday, May 5, 2023

Nickel faces huge supply glut as Indonesian output booms

The nickel market is facing a massive supply glut this year as surging Indonesian production continues to outpace global demand.

Thursday, May 4, 2023

Leeuwin Metals prepares to set sail with drilling at William Lake Nickel Project in Canada

Critical metals explorer Leeuwin Metals (ASX:LM1) has proposed a maiden diamond drilling program to begin this quarter within the W56 target area at the William Lake Nickel Project in Manitoba, Canada.

Thursday, May 4, 2023

Wyloo extends offer period of Mincor takeover

Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares.

Thursday, May 4, 2023
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