S.Africa's Exxaro to sell ferroalloys unit by end-June 2024

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,182,000 net tons (NT) of steel in October 2023.

Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were upgraded in a much-needed boost for economic growth.

Canada-headquartered Giyani Metals has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance its battery-grade manganese project in Botswana.

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support organic growth and development opportunities to decarbonise steelma...

State-owned nickel and gold mining firm PT Aneka Tambang (Antam) is expected to sign a joint venture agreement with China’s Contemporary Amperex Technology Co. (CATL) to produce raw materials for electric vehicle (EV) batteries in December.

Euro Manganese (TSXV, ASX: EMN) announced on Tuesday that it has signed definitive agreements with Orion Resource Partners Group for $100 million financing to advance the development of the Chvaletice project in the Czech Republic.

The current market scenario is expected to remain same for some time reflecting soft demand of Ferro Alloys against minimum production of steel in the market. On the other hand, selling price is lower than the costing of Ferro Alloys due to high production c...