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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

Fortescue Future Industries CEO meets local communities in Wabo ...
Fri, 10 Dec 2021 00:00:00 GMT
Chief Executive Officer (CEO) of Fortescue Future Industries (FFI), Julie Shuttleworth AM, has just completed her visit in Papua New Guinea (PNG) where she met with local communities at the newly established FFI Purari hydropower project camp in Wabo (Gulf Province) and saw FFIs potential geothermal energy project areas of interest in West New Britain

Guineas Nimba iron ore project seen as viable, but export concerns ...
Fri, 12 Nov 2021 00:00:00 GMT
The Nimba iron ore project in Guinea said on Wednesday that a pre-feasibility study confirmed the mines viability, but it expressed concerns about potential limitations on its railway access to export via Liberia. The project, which U.S.-Canadian investor Robert Friedlands High Power Exploration Inc (HPX) acquired in 2019, said in a statement it expects eventual production of up to 30 million tonnes a year. Construction is forecast to begin in 2023. The pre-feasibility study estimated

Explained: Why Guinea coup has rattled iron ore and bauxite markets
Thu, 16 Sep 2021 00:00:00 GMT
Last week, special forces soldiers called military junta, ousted Guineas (West Africas mineral-rich country) long-serving president Alpha Conde, immediately casting a shadow of uncertainty over key iron ore and bauxite supplies. The coup was carried out by an elite special forces unit, led by 41-year-old Col. Mamady Doumbouya. The soldiers dissolved the countrys government and closed land and air borders with immediate effect. We have dissolved government and institutions, Doumbouya

AM confirms Liberia iron ore expansion to 15 million mt/year ...
Mon, 13 Sep 2021 00:00:00 GMT
ArcelorMittal and the Republic of Liberia have signed an accord that will allow the steelmaker boost its logistics capability and ramp up its iron ore production in the west African country to 15 million mt/year, with a possibility for further expansion up to 30 million mt/year. Liberia and ArcelorMittal have signed an amendment to a Mineral Development Agreement involving a boost in premium iron ore production, new jobs generation and wider economic benefits for Liberia, the company said in

Guinea coup rattles iron ore and bauxite markets, stokes economic ...
Tue, 07 Sep 2021 00:00:00 GMT
A military junta on Sunday claimed to have seized control in the West African country of Guinea and detained President Alpha Cond, casting uncertainty over key bauxite and iron ore supplies. The coup, carried out by an elite special forces unit led by 41-year-old Colonel Mamady Doumbouya, is the latest in a series of power grabs in the region over the past year, including in nearby Mali and Chad. Doumbouya has claimed the army was forced into action amid rampant corruption, human rights

Number of Africa news reports: 9
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