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. |
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. |
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. |
India's Britannia Industries Q4 profit tops view on strong demand
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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. |
Indonesia to prioritize domestic MHP production
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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... |
Nickel faces huge supply glut as Indonesian output booms
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The nickel market is facing a massive supply glut this year as surging Indonesian production continues to outpace global demand. |
Leeuwin Metals prepares to set sail with drilling at William Lake Nickel Project in Canada
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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. |
Wyloo extends offer period of Mincor takeover
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Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares. |
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