Global insight

Mining Boosts Australia Business Investment to 8-Year High, Outlook Upbeat

Australian business investment rose to an eight-year high in the September quarter thanks to a rebound in mining, while plans for future spending were upgraded in a much-needed boost for economic growth.

Friday, December 1, 2023

Giyani secures $16m for Botswana manganese project

Canada-headquartered Giyani Metals has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance its battery-grade manganese project in Botswana.

Friday, December 1, 2023

Champion Iron bolsters liquidity for growth opportunities

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support organic growth and development opportunities to decarbonise steelma...

Thursday, November 30, 2023

Antam to sign joint venture deal on EV battery plant in December

State-owned nickel and gold mining firm PT Aneka Tambang (Antam) is expected to sign a joint venture agreement with China’s Contemporary Amperex Technology Co. (CATL) to produce raw materials for electric vehicle (EV) batteries in December.

Thursday, November 30, 2023

Euro Manganese shares jump on project financing deal with Orion Resource Partners

Euro Manganese (TSXV, ASX: EMN) announced on Tuesday that it has signed definitive agreements with Orion Resource Partners Group for $100 million financing to advance the development of the Chvaletice project in the Czech Republic.

Thursday, November 30, 2023

Ferro alloys sees ray of hope

The current market scenario is expected to remain same for some time reflecting soft demand of Ferro Alloys against minimum production of steel in the market. On the other hand, selling price is lower than the costing of Ferro Alloys due to high production c...

Thursday, November 30, 2023

Rio Tinto lauds country's advantages

China's resilient supply chains have given multinational companies strong confidence to deepen their market development amid the improved business environment in the country in recent years, a top executive of Rio Tinto said.

Wednesday, November 29, 2023

ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan

ArcelorMittal South Africa (AMSA) CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business

Wednesday, November 29, 2023
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