Global insight
China iron ore futures resume rise on stimulus optimism
[Ferro-Alloys.com] Chinese iron ore futures rebounded to close higher for a third straight session on Wednesday on optimism that further policy support will be rolled out to minimize the economic fallout from a global coronavirus outbreak. |
Colombian coal output fell 2% in 2019
[Ferro-Alloys.com] Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the principle mines declined and operations were interrupted by droughts, the government said Wednesday. |
Sumitomo aims to boost FY copper output to 300,000 T by 2030
[Ferro-Alloys.com] Japanese miner Sumitomo Metal Mining said on Wednesday it aims to boost its annual copper output through its shareholding to 300,000 tonnes by 2030 under its new long-term vision. The target compares with 250,000 tonnes projected last Novemb... |
Indonesia’s Bukit Asam 2019 output rises 10.2%
[Ferro-Alloys.com] Indonesian state-owned coal miner PT Bukit Asam said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes. |
Canada Nickel expands Crawford holdings
v[Ferro-Alloys.com] Shortly after releasing a maiden resource for its wholly-owned Crawford nickel-cobalt sulphide project near Timmins, Ontario, Canada Nickel (TSXV: CNC) has announced an agreement with Noble Mineral Exploration to acquire one additional prop... |
Warning of ‘significant losses’ in South African mining industry if coronavirus outbreak is not contained soon
[Ferro-Alloys.com] A newly released report by Trade and Industrial Policy Strategies (TIPS) warns that South Africa’s mining industry could suffer “significant losses” should the coronavirus, or Covid-19, not be contained in the short term, which the author... |
Coronavirus Boosts Indian Steel Export Prospects as China Chokes
[Ferro-Alloys.com] (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. |
Iron ore prices tumble almost 9% in a week despite supply tightening
[Ferro-Alloys.com] Iron ore prices have fallen 8.6% over the past five trading sessions despite supply tightening due weather events crimping exports from key exporters Australia and Brazil, latest data showed Monday. |
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