Australian Vanadium shares rise as global mining-focused alternative investment firm increases stake

Richmond Vanadium adopts global ESG reporting standard

Republican Senator Marcio Rubio on May 3 asked the Biden administration to investigate Ford Motor Co's decision in March to join PT Vale Indonesia and China's Zhejiang Huayou Cobalt as their new partner in a $4.5 billion nickel processing plant in Indonesia.

The plant will have a designed capacity of 2.5 million tons of direct reduced iron and 1.5 million tons of thick plate annually.

The complex is expected to advance the regional steel industry ecosystem with an estimated annual production capacity of up to 1.5 million tons.

China's major steel companies produced less pollution during the first quarter of 2023, according to data from the China Iron and Steel Association.

IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce forecast for the 2023 financial year ended June 30 largely owing to power interruptions.

Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins.