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Nornickel cut global nickel oversupply forecast
In 2024, Nornickel expect the nickel market to sustain a surplus of around 100 kt Ni (vs 190+ kt forecasted for the year in the previous issue of our report), with the most of it still represented by low-grade nickel. |
Alaska Energy Metals expands footprint in Canada with Québec acquisition
Alaska Energy Metals (TSXV: AEMC) last week announced its intent to acquire 100% interest in the 3,320-hectare Bambino nickel-copper- platinum group element property in Québec, expanding its footprint in the province, which has become an exploration hotbed for... |
Champion Iron reports higher profit
Quebec iron-ore miner Champion Iron has reported a robust revenue and net income performance for the year ended March 31, 2024. |
Monthly Report of Ferrosilicon Market in May, 2024
On the morning of May 30th, the main contract of ferrosilicon futures rose the limit up in response, with a highest price of 7824 CNY/T, an increase of 8.01%; On the 31st, the market closed at 8108 CNY/T, up 5.27%. |
Ferrosilicon Futures close at 8108 on May 31, up 5.27%
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The total trading volume of 2409 contract on the exchange was 2285213 lots, with a turnover of about 92251.4269 million yuan. |
India's JSW Steel Limited starts production of zinc-magnesium-aluminium alloy coated steel products
India's JSW Steel Limited has commenced production of zinc-magnesium-aluminium alloy coated steel products |
Zimbabwe Set to Construct US$13bn Mapinga Mines to Energy Industrial Park in June
In a significant move to harness the benefits of the green revolution, the Zimbabwean government has announced that construction for Phase 1 of the Mapinga Mines to Energy Industrial Park will commence in June. |
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad said on Thursday. |
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