Iron-ore futures prices extended declines on Tuesday, as the big Simandou project in Guinea, west Africa shipped its first ore, raising prospects of more supply at a time when demand in top consumer China is set to decline amid falling steel output.
Eskom has signed a memorandum of understanding (MoU) with Samancor Chrome and the Glencore–Merafe Chrome Venture in a bid to finalise an electricity tariff solution
Metro Mining’s 2025 record has fetched improved figures in bauxite shipping activity, 5.69 million wet metric tonnes (WMT) of bauxite from the Bauxite Hills Operation
Japan’s JFE Steel Corp. is investing 157.5 billion rupees ($1.7 billion) in a joint venture (50:50) with India’s JSW Steel. This is stated in a statement by JFE Steel.