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Horizonte Minerals fails to secure financing, considering mine sale
Shares of Glencore-backed Horizonte Minerals (AIM, TSX: HZM) plunged on Monday after the company announced it has failed to secure additional financing needed to complete the construction of its Araguaia nickel project in Brazil. |
US, UK take action targeting Russian aluminum, copper and nickel
Washington and London on Friday prohibited metal-trading exchanges from accepting new aluminum, copper and nickel produced by Russia and barred the import of the metals into the US and Britain. |
Rise of green ferro-alloys in China led by lower electricity costs; challenges remain
China produced 34.65 million tonnes of ferro-alloys in 2023, up by 1.4% from 34.17 tonnes in 2022, according to data from the country’s National Bureau of Statistics. |
China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
But demand for long steel products is set to remain subdued, given the poor demand outlook from the construction sector, Zuo added. |
Canada Nickel starts working on Crawford, eyes 2027 production
Canada Nickel (TSX-V: CNC) has kicked off front end engineering design (FEED) at its flagship Crawford nickel project in northern Ontario, which it expects to bring into production in 2027. |
Sun sets on enterprises that rest on their laurels
Many companies in what are considered to be sunset industries have actually regained their vitality through innovation and transformation. |
Experts stress green upgrade in steel sector
The CBAM puts a price on the carbon emitted during the production of carbon intensive goods entering the EU. It started trial operation in October last year, and will be implemented from 2026 onward. |
Brazilian mining company to develop China's Iron and Steel industry
Established with a donation of $5.81 million from Vale, the joint laboratory will be open to all the researchers from the mining and steel industry from today, it said. |
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