The miner on Monday posted a near 50% drop in second-quarter metallurgical coal output as it completed major work at an underground mine at its Illawarra operation, while its quarterly manganese production also missed estimates.
Wyloo Metals Pty Ltd., the private nickel producer owned by billionaire Andrew Forrest, is shutting down its Western Australian mines due to a sharp slump in prices for the key transition metal.
In a significant move towards environmental sustainability, Baosteel and ExxonMobil have formalized their commitment to collaborate on low-carbon solutions.
In a landmark agreement, ArcelorMittal France, a subsidiary of the world's leading steelmaker ArcelorMittal, has joined forces with French state-owned energy supplier EDF Energy.
A sharp slide in nickel prices over the past year, driven by a jump in Indonesian supply, has hit Australian nickel producers, leading to mine closures, production cuts and writedowns in recent months.