Mining giant Rio Tinto has announced a $143-million investment to establish a research and development (R&D) facility in Western Australia to test the effectiveness of its low-carbon ironmaking process, BioIron.

Currently, disclosures by Chinese companies are largely voluntary and lack uniform standards, according to the ministry.

In hindsight, the BHP and Anglo American deal had seemed somewhat ill-fated from the start.

As a result of this, many big Indian steel conglomerates such as Tata Steel, JSW Steel and ArcelorMittal Nippon Steel were installing a number of scrap-consuming EAFs.

Magna Mining (TSXV: NICU) and Glencore Canada have signed an agreement to treat ore from the Crean Hill nickel-copper surface bulk sample of the 109 footwall at Glencore’s Strathcona mill in Sudbury, Ontario.

Using helicopter sling methods, they performed defect elimination tasks and installed distributed fault diagnosis devices on the ±800kV Tianzhong Line.

They highlighted that the relaxation of the requirement on the utilization rate of new energy may create about 74 gigawatts of new installations, bringing multiple benefits to key sectors.

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.