The Guinea government announced on Tuesday that shareholders involved in Simandou have signed $15 billion in financing agreements for the iron ore project.

Guinea said shareholders involved in Simandou, the biggest untapped iron-ore reserve globally, have signed $15-billion in financing agreements for the project.

Platinum group metals (PGM) and chrome miner Tharisa performed well, operationally, in the quarter ended March 31, CEO Phoevos Pouroulis says.

Russian steel pipe producer TMK has announced that it has completed another stage of modernization works in its electric arc furnace (EAF) melting shop that will help the company to improve production efficiency.

The price of calcium metal raised

The Construction of the US$1 billion investment project that is estimated to give an annual turnover of US$1.5 billion is 40 percent complete.

Germany accounted for 70% of all carbon neutralization projects across Europe, while Germany was also the leading funder of green steel projects.

Australian iron-ore miner Mount Gibson is on track to meet its 2024 guidance, having shipped 0.7-million wet metric tonnes of high-grade iron-ore fines from Koolan Island in the March quarter.