Global insight
Clive Palmer's Queensland Nickel begins closing temporarily over lack of ore
Clive Palmer's Queensland Nickel has begun shutting down temporarily because of a lack of ore to process. |
Metkore Alloys & Industries Ltd Announces Extension of Power Cost reimbursement to FerroAlloys Industries
The Government of Andhra Pradesh vide its GO dated February 25, 2016 extended power cost reimbursement @ Rs.1.50 per unit for Ferro |
Vale Keeps Feeding Iron Ore Glut but Misses Estimate
Brazil’s Vale (NYSE:VALE) kept ramping up its production of iron ore in the October-to-December period despite a global glut that has severely hurt producers and squeezed smaller competitors. |
Vale Posts Record Loss to Sell Core Assets
Brazil’s mining giant Vale (NYSE:VALE) reported Thursday its deepest quarterly net loss ever, becoming at the same time the first of the three largest iron ore producers to put some of its core assets up for sale. |
Indonesia to Ease Mineral Export Ban From 2017
The government of Indonesia will relax next year its ban on partially processed minerals exports, including copper, nickel, zinc and bauxite ore order to prop up its economy. |
Glencore Positive on Coal Turnaround
Diversified mining and marketing company Glencore, which plays a leading role in the global seaborne steam coal market, including being the major exporter of the mineral out of South Africa’s Richards Bay Coal Terminal (RBCT), spoke positively on Tuesday on t... |
Kabwe Manganese Plant to Reopen Next Month
FERRO Alloys Corporation Limited, a manganese processing plant in Kabwe, is set to re-open next month after suspending operations last December on account of “astronomical” electricity tariffs and low commodity prices. The firm runs and operates a manganese |
Hundreds of workers walk away from construction of Tesla's Gigafactory
The demonstrators say they want Tesla (TSLA) to keep its tax incentives in Nevada, where the electric-car maker's Gigafactory is being built, and not use out-of-state contractors. |
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