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World’s largest untapped iron ore project secures $23b in financing
Reports out of the West African nation of Guinea suggest that the giant Simandou iron ore development has hit a major milestone in its development with the project’s backers securing approximately $23 billion in financing. |
Türkiye's steel demand is expected to increase by 9 percent in 2024
According to data published by the World Steel Association, Turkiye's steel demand is expected to increase by 9 percent this year, reaching a total of 41.5 million tons. |
Jupiter lists achievements, goals in inaugural sustainability report
ASX-listed Jupiter Mines lists in its inaugural sustainability report, published on April 15, key areas for emission reduction such as optimising fuel use, exploring regenerative braking systems in its truck fleet and implementing other energy-saving solutions... |
Prices of most capital goods fall in China
The figures, released every 10 days, are based on the survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions across the country. |
Nickel premiums flat in Europe, China, amid quiet market conditions
Nickel premiums stayed flat around the world amid quiet trading in the week to Tuesday April 9. |
Green steel blooms in Malaysia, but new moratorium could make or break it
The three-phase project will use natural gas as a reducing agent instead of coke and coal, Fastmarkets heard. |
Horizonte Minerals fails to secure financing, considering mine sale
Shares of Glencore-backed Horizonte Minerals (AIM, TSX: HZM) plunged on Monday after the company announced it has failed to secure additional financing needed to complete the construction of its Araguaia nickel project in Brazil. |
Ferrosilicon Futures close at 6580 on April 15, up
The total trading volume of 2405 contract on the exchange was 94480 lots, with a turnover of about 3087.5977 million yuan. |
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