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First Quantum starts output at Africa’s biggest nickel mine
First Quantum Minerals Ltd. started production at what is set to turn into Africa’s biggest nickel mine, furthering Zambia’s aim of becoming a key supplier of battery metals for the electric vehicle revolution. |
Fortescue marks record shipment in full year
Iron-ore major Fortescue has reported record iron-ore shipments for the full year ended June following a strong June quarter. |
Huayou Cobalt boosts nickel capacity in Indonesia
China’s Zhejiang Huayou Cobalt said on Tuesday it will invest in a $200 million nickel sulfate project in Indonesia, expanding its production of the key battery raw material. |
Ferrosilicon Futures close at 6996 on July 26, up 1.22%
The 2310 ferrosilicon contract price on ZCE closed at 6996 yuan per ton on July 26. |
Iron ore profits to drop by a third as miners eye China demand
Rio Tinto is the first of the global iron ore majors expected to report lower half-year earnings from this week, as supply chains normalize after Covid-19 and attention turns to how suppliers to China’s steelmaking industry see customer demand. |
June 2023 crude steel production
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.8 million tonnes (Mt) in June 2023, a 0.1% decrease compared to June 2022. |
Kumba lowers full-year sales guidance as logistics challenges persist
Kumba Iron Ore achieved a solid operational and financial performance for the six months ended June 30, despite ongoing logistics constraints and weak global steel demand impacting on iron-ore markets, while continuing to drive for zero harm and the eliminatio... |
Ferrosilicon Futures close at 6922 on July 25, up 0.61%
The 2310 ferrosilicon contract price on ZCE closed at 6922 yuan per ton on July 25. |
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