Iron-ore junior Fenix Resources is charging toward a transformative year, buoyed by record quarterly shipments and the rapid development of its third mine, Beebyn-W11.

China Intent on Remaining the Global Aluminum Market Leader

ASX-listed CZR Resources has received a binding A$75-million cash offer from the Robe River Joint Venture (RRJV) participants to acquire its interest in the Robe Mesa iron-ore project, in Western Australia’s West Pilbara region.

China’s Shandong Aipurui Steel Plate Co. Ltd intends to set up a $120 million steel plant in Uzbekistan’s Ferghana region. This was reported by the regional authorities.

Mr Emmanuel Armah-Kofi Buah, Minister of Lands and Natural Resources, has reiterated the government's unwavering commitment for the Ghana Integrated Aluminium Development Corporation (GIADEC) to lead Ghana's industrialisation drive.

Mineral Resources (MinRes) has successfully achieved first blast at the Cardo Bore East deposit within the Onslow Iron project in Western Australia.

As analysts expect global demand for aluminum to rise, a new development in China could significantly impact aluminum market demand and domestic consumption in the country.

The market resumed after the festival, and the metal crude calcium ushered in a new round of decline.