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Mercedes-Benz AG and H2 Green Steel secure supply deal and an MoU to establish North American supply chain

June 7, 2023 – Mercedes-Benz signed a supply agreement with Swedish start-up H2 Green Steel (H2GS) over approximately 50,000 tonnes almost CO2-free steel per year for its European press shops and deepened its partnership through a Memorandum of Understanding ...

Thursday, June 8, 2023

Philippines Q1 nickel ore output up 5.3% year on year

The Philippines' nickel ore output in the first quarter totalled 4 million dry metric tonnes (dmt), up 5.3% versus the 3.8 million dmt produced in the same period last year, the Mines and Geosciences Bureau said on June 7.

Thursday, June 8, 2023

Black Swan gets nickel resource upgrade

Poseidon Nickel’s Black Swan project in Western Australia has reported a 14 per cent increase in its average nickel grade.Compared to the 2022 Black Swan disseminated mineral resource, the project has reported a 48 per cent increase in the contained nickel in...

Thursday, June 8, 2023

Glencore sells copper mine for $US1.1 billion

Coal miner Glencore will sell its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC).

Thursday, June 8, 2023

Iron ore price forecast slashed by 18 per cent

Global investment management firm Goldman Sachs has slashed its iron ore price forecast by 18 per cent, citing weakened global demand.

Wednesday, June 7, 2023

Ferrosilicon Futures close at 6908 on June 7, down 1.60%

The 2306 ferrosilicon contract price on ZCE closed at 6908 yuan per ton on June 7.

Wednesday, June 7, 2023

Global nickel smelting activity declined in May

In nickel, the global dispersion index fell to 41.8 in May from 43.3 in April despite gains in China. A measure of 50 points indicates that smelters are operating at the average level of the past 12 months.

Wednesday, June 7, 2023

Ferrosilicon Futures close at 7282 on June 6, down 0.27%

The 2306 ferrosilicon contract price on ZCE closed at 7282 yuan per ton on June 6.

Tuesday, June 6, 2023
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