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Experts laud plan for carbon reduction
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. |
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. |
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. |
Nornickel forecasts lower global nickel surplus, bigger palladium deficit
Russian mining and metals giant Nornickel on Thursday lowered its forecast for the global nickel surplus this year, but said it expected a bigger global palladium deficit. |
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