Global insight
Australia’s Coal Exports Surge in Aug
According to statistics, Australia’s coal exports totaled 35.36 million tons in August, surging by 124.2% year on year. |
US Crude Steel Output Drops
According to data released by the American Iron and Steel Institute (AISI), the US’s crude steel output totaled 1.705 million short tons in the week ended on October 10th, decreasing by 1.3% from a week ago and down by 7.3% in comparison of t |
One company is making a killing from Glencore's problems
[Ferro-Alloys.com]The commodity price slump this year has put enormous pressure on mining giant Glencore and it has led to tonnes and tonnes of assets like copper and steel being stockpiled until the market picks up. Companies like Glencore have a huge pile o... |
Rio upbeat about 'quality' China growth
[Ferro-Alloys.com] China's economy is expected to grow at between 4 and 5 per cent per annum on average through to 2030, global mining company Rio Tinto predicts. Rio's group executive of technology and innovation, Greg Lilleyman, told the Nikkei Asian Review... |
Junior Miners Embrace Unconventional Strategies to Survive Economic Trials
The drying up of equity and debt markets coupled with new lows in cash reserves have pushed Canada's junior mining industry on a further downward financial trend, according to PwC's yearly report on the TSX Venture's top 100 junior mining companies. But the in... |
Prices Head for Biggest Weekly Rise in More than 3 Years
Commodities jumped on Friday, headed for their largest weekly gain in more than three years as base metals roared higher after Glencore pledged to slash zinc output and gold hit three-week highs after dovish Federal Reserve minutes. |
Zimbabwe Asks Chrome Producers to Cede Mining Claims
Zimbabwe has asked two ferrochrome producers, including a unit of China's Sinosteel Corp Ltd, who own 80% of all chrome mining claims to release some ground for distribution to new investors, the mines minister said on Wednesday. Zimbabwe holds the world's sec... |
Prices for Main Export Commodities Decrease in Kazakhstan
Prices for goods exported by Kazakhstan decreased by 2.5 percent in August compared with July, while prices for goods imported by Kazakhstan saw a 2 percent decrease, said the message of the Committee on Statistics of the Ministry of National Economy of Kazakh... |
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