Global insight
Nickel Asia aims to sell processing plant stake to Sumitomo
Nickel Asia Corp. is in talks to unload its minority stake in a key processing plant to Japan’s Sumitomo Metal Mining Co. as the Philippines’ top producer of the metal focuses on upstream mining and renewable energy businesses. |
ERG launches Bolashak, its new flagship highly-automated chrome mine in Kazakhstan, and will be gradually ramping it up to full design capacity of 7.5 mln tonnes of ore per annum
Eurasian Resources Group (ERG) has officially launched its Bolashak chromium mine in Khromtau. |
Ukrainian business shows cautious optimism for 2025
Business confidence can only increase if energy supplies improve and hostilities cease |
LME activity up 18% in 2024, nickel volumes at pre-crisis level
Average daily volumes at the London Metal Exchange (LME), the world’s largest and oldest metals forum, gained 18% to 664,698 lots in 2024 with nickel volumes surging by 59%, the exchange said on Tuesday. |
Vale and GreenIron sign MoU for decarbonization of metals and mining chain
The Brazilian miner,Vale, and the Sweden metallurgic technology company, Greenlron, have signed a Memorandum of Understanding (MoU) to collaborate on key initiatives in Brazil and Sweden for the decarbonization of the mining and metals supply chain. |
Japan's Nippon Steel, U.S. Steel file lawsuit against U.S. gov't
The case was filed in the U.S. Court of Appeals for the District of Columbia Circuit. |
Nippon Steel plans lawsuit after Biden's blocking of acquisition
Sources close to the matter said on Saturday that Nippon Steel is planning to file a lawsuit in response to Biden's decision, Kyodo News reported. |
AISI: US November Steel Shipments Down 4.1 Percent From Prior Month
Down 4.0 Percent YTD in 2024 from Same Period in 2023. |



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