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MENA can lead the world in green steel production Report
Sat, 17 Sep 2022 00:00:00 GMT
The Middle East and North Africa (MENA) region is in a prime position to start producing carbon-neutral or green steel, a new report from the Institute for Energy Economics and Financial Analysis said. The MENA region can lead the world if it shifts promptly to renewables and applies green hydrogen in its steel sector, said author of the report Soroush Basirat. The steel sector in the region is dominated by Direct Reduced Iron-Electric Arc Furnace (DRI-EAF) technology, which releases lower

Australias Fortescue inches closer to iron ore exploration in ...
Sun, 21 Aug 2022 00:00:00 GMT
Australias Fortescue Metals Group said on Friday a majority-owned joint venture signed an agreement with Gabon that will pave the way to study and obtain a licence to explore the Belinga iron ore project in the West African nation. The licence will be sought by Ivindo Iron SA, a joint venture in which Fortescue holds 80% interest. Africa Transformation and Industrialization Fund owns the rest. The agreement outlines key terms for the exploration of potentially one of the worlds largest

Guinea halts Simandou iron ore project work again
Tue, 05 Jul 2022 00:00:00 GMT
Guineas mines minister has ordered all work related to the Simandou iron ore mine project halted after the two companies involved missed an extended deadline to agree on a joint venture, a letter seen by Reuters - showed on Monday. Rio Tinto RIO.L and Chinese-backed consortium Winning Consortium Simandou (WCS) had showed a lack of willingness to work on a partnership, Mines Minister Moussa Magassouba said in the letter, which was dated July 3. Despite the significan't concessions the

Be bold in your digital transformation: C4L and LCL conference
Thu, 16 Jun 2022 00:00:00 GMT
EUROMETAL participated in the conference Digitalising logistics and supply chains to reinforce resilience of the Cluster for Logistics and the Luxembourg Centre for Logistics and Supply Chain Management that took a good look at innovation and what to take into consideration when planning new projects. The Masters of ceremony, Malik Zeniti, C4L Director, and

Ukraine: UGOK output down in April 2022
Tue, 03 May 2022 09:57:51 GMT
In April, Yuzhniy Mining and Processing Works decreased iron ore concentrate production by 22.9% MoM, to 316.9 thousand tons. In April 2021, output totaled 1.03 million tons. Some concentrate was shipped to Zaporizhstal. There are no opportunities to ship raw materials to Asia and North Africa. In January-April, UGOK produced 3.1 million tons of

Ukraine: UGOK output down in March 2022
Tue, 05 Apr 2022 09:46:58 GMT
In March, Yuzhniy Mining and Processing Works produced 411 thousand tons of iron ore concentrate, down by 64% MoM. Most of the concentrate was shipped to the Western Europe. The delivery by sea to Asia and North Africa is currently blocked by the Russian warships in the Black Sea. In January-February, UGOK produced 2.39

Indian steel makers rush to fill supply gap by Russia-Ukraine ...
Fri, 11 Mar 2022 00:00:00 GMT
Steel mills in India are stepping in to fill a supply gap created by Russias invasion of Ukraine, as consumers from Europe to Africa turn to the worlds second-largest producer, as Russias invasion of Ukraine has jeopardized steel supplies from both the major producing nations. It has also pushed companies from Europe, the Middle East and Africa to reach out to Indian producers even as steel prices have jumped 20% in the last one month, according to Jindal Steel & Power (JSPL). There

Number of Africa news reports: 7
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