Meidy Katrin Lengkey, Secretary General (Sekum) of the Indonesian Nickel Miners Association (APNI), estimates that Indonesia will control 85% of the world's nickel production by 2033.

The facility, targeting an annual output of 300,000 t, is set to commence operations in 2025.

Brazilian steel and iron ore producer CSN informed the local stock exchange authority (CVM) that the company has no plans or studies regarding the sale of 30 percent of the capital of its iron ore division CSN Mineracao.

Shipments of iron ore on the Great Lakes totaled 4.8 million tons in December

The 2024 Minerals Research Institute of Western Australia (MRIWA) grant applications are now open, with a key focus on minerals research projects that are addressing a challenge facing the WA minerals industry.

German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.

The total trading volume of 2403 contract on the exchange was 148805 lots, with a turnover of about 5076.269 million yuan.

The IIMA forecasts a gap in 2033 of around 34 million mt in DR-grade iron ore pellets factoring in demand growth from global DRI plants, in a November presentation.