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Ferrosilicon Futures close at 6702 on January 9, down 0.80%
The number of warehouse receipts was 14328 (71640 tons), and 294 (1470 tons) were valid for the number of warehouse orders. |
Woodside to partner on lower-carbon hydrogen value chain with SK E&S
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Woodside Energy and South Korea’s SK E&S Co. Ltd. have signed a non-binding Memorandum of Understanding (MOU) to enable research on potentially developing a lower-carbon hydrogen value chain, including hydrogen, ammonia, and related products. |
India's Tata Steel to spend $1.2 billion annually to create 1-2 million mt new capacity each year
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India's Tata Steel Limited will invest an estimated $1.2 billion every year to increase its steelmaking capacity by 1-2 million mt per year to maintain its market share |
Australia's Strike Resources to divest Paulsens East iron ore mine, advance iron ore project in Peru
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Strike Resources plans to use a part of proceeds of the sale to fully repay its US$7.2 million loan owed to Australia-based Good Importing International |
Administrators suspend Savannah nickel operations
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The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia. |
Simandou build expected to start in 2024 after almost 30 years of setbacks
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Rio Tinto expects to begin infrastructure work on the massive Simandou iron ore project in Guinea this year following almost three decades of setbacks and scandals. |
Ferrosilicon Futures close at 6712 on January 8, down 0.44%
The total trading volume of 2403 contract on the exchange was 120759 lots, with a turnover of about 4078.4104 million yuan. |
Canada's Algoma Steel Foresees a Drop in Steel Shipments
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Algoma Steel, a prominent steel producer based in Canada, has outlined its projections for the third quarter (October-December) of the financial year 2023-24. |
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