Global insight
Vale to pay $2.5bn to settle liabilities in Mozambique mine corridor
Miner Vale SA will settle in advance liabilities of around $2.5-billion related to the project finance. |
China considers imposing price controls on surging coal market
China is considering imposing a cap on the price of thermal coal as it struggles to contain stubbornly high energy costs ahead of peak demand over the summer. |
More than 30 trade associations in the U.S. demand the termination of a number of tariffs on steel
More than 30 trade associations in the U.S. demand the termination of a number of tariffs on steel |
U.S. Steel X.US Announces Sale of Subsidiary for US$640 Million
U.S. Steel X.US Announces Sale of Subsidiary for US$640 Million |
Australian Department of Industry: Global nickel consumption is expected to reach 3.2 million tons in 2026
Australian Department of Industry: Global nickel consumption is expected to reach 3.2 million tons in 2026 |
Nornickel Resumes Ore Mining at Taimyrsky Mine
World’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper Nornickel announced that on June 1 the company began to gradually restart ore mining. |
Bombardier Transportation Bags Maya Train Tender in Mexico
Mexico’s National Tourism Promotion Fund Fonatur announced Bombardier Transportation México SA de CV as the winner of the Maya Train project tender. |
NOVATEK & Fortum Sign MOU on Renewable Power
PAO NOVATEK and European energy company Fortum signed a Memorandum of Understanding on cooperation in renewable power. |
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