The Chinese market and investment will continue to provide growth momentum as Australia is determined to revitalize its industrial manufacturing amid the ongoing global energy transition, executives in the country's mining industry told Xinhua.
"Working with China will help give Fortescue a competitive advantage to achieve our decarbonization targets and has the potential to deliver massive economic opportunities in both countries."
Nornickel reported a first-half profit on Friday that fell 22%, hurt by weak nickel prices, while the Russian miner also grappled with logistical difficulties and issues related to cross-border payments.
Jubilee Metals Group has met its copper production targets and exceeded its chrome production guidance for the fourth quarter of its 2024 financial year.