Westgold restarts Bluebird following labour concernsThu, 08 Jul 2021 00:00:00 GMT
Westgold Resources has resumed operations at the Bluebird underground gold mine in Western Australia after works were suspended following COVID-19 labour issues earlier in the year.
Tata Steel April-June crude steel output up 55% YoY to 4.62 million ...Tue, 06 Jul 2021 00:00:00 GMT
Tata Steel crude steel production grew 55 per cent in Q1FY22 to 4.62 million tonnes as against the same period last year which was impacted due to the Covid-19 pandemic and the stringent nationwide lockdown. Tata Steel India deliveries increased by 42 per cent in the period under review to 4.15 million tonnes on a year-on-year basis. During the quarter, the companys crude steel production declined 2.6 per cent sequentially due to the supply of over 47,800 tonnes of liquid medical oxygen to
China Unrivaled in Crude Steel ProductionTue, 06 Jul 2021 00:00:00 GMT
The World Steel Association recently announced that China Baowu Steel Group beat ArcelorMittal and became the worlds largest steel company last year, with a crude steel production volume of 115.29 million tons. The state-run Chinese company has acquired multiple Chinese steel companies for years. ArcelorMittal fell to the second place with 78.46 million tons. Last year, its crude steel production dropped from 97.31 million tons due to production setbacks attributable to COVID-19.
Ramelius Resources rises from challenging monthTue, 06 Jul 2021 00:00:00 GMT
Ramelius Resources has achieved record gold production for the 2021 financial year despite bearing the brunt of haulage impacts, worker shortages and COVID-19 travel bans in June.
Vedanta Aluminium launches #GreenHearts campaign during Van ...Tue, 06 Jul 2021 00:00:00 GMT
Vedanta Aluminium has launched the #GreenHearts campaign to coincide with World Environment Day, and as part of Van Mahotsav week, with a secondary purpose of acknowledging the effects of COVID-19.
Iron ore quality premium widens to record amid China demand ...Wed, 30 Jun 2021 00:00:00 GMT
The spread between low- and high-grade iron ore has blown out to the highest on record in dollar terms, suggesting Chinese steel mills are trying to maximise output by using as much of the best quality ore as possible. Iron ore has been one of the standout commodity performers during the recovery from the coronavirus pandemic as robust demand from China, which buys about 70% of all seaborne volumes, collided with supply issues from top exporters Australia, Brazil and South Africa. Benchmark
Tanami COVID cluster grows as Darwin lockdown is extendedTue, 29 Jun 2021 00:00:00 GMT
The COVID-19 cluster from Newmont Corporations Tanami gold mine in the Northern Territory has grown to seven active cases as Darwin enters its second day of lockdown.
Iron ore seen driving Australias resources export earnings to ...Mon, 28 Jun 2021 00:00:00 GMT
Booming iron ore prices are expected to account for nearly half of Australias record export earnings from resources this financial year and the country anticipates further gains ahead, according to a government report on Monday. Earnings from Australian resources exports are estimated to come in at a record A$310 billion ($235.41 billion) in the 2020-2021 financial year ending in June, rising to A$334 billion the following year as industrial activity ramps up following COVID-19
Tanami COVID-19 outbreak prompts mass FIFO lockdownMon, 28 Jun 2021 00:00:00 GMT
The Northern Territory Government has put all mine workers who travelled to Alice Springs and Darwin into isolation following a COVID-19 outbreak at Newmont Corporations Tanami gold mine.
Over 84,000 employees, business partners, families given first ...Tue, 15 Jun 2021 00:00:00 GMT
In one of the largest COVID-19 vaccination drives carried out by corporate India so far, Vedanta Cares has administered one dose of vaccine to over 84,000 employees, business partners as well as their family members, the company said in a statement.
POSCO Slips to 6th Place in Global Steel ProductionWed, 09 Jun 2021 00:00:00 GMT
POSCO fell to sixth place in the worlds crude steel production in 2020, down one notch compared with 2019. Chinese steelmakers moved up the rankings by sharply increasing crude steel production as they quickly overcame the COVID-19 crisis. POSCOs crude steel production amounted to 40.58 million tons in 2020, down 5.9 percent compared to 2019, according to Steel in Figures 2021 published by the World Steel Association (WSA) on June 7. Hyundai Steel saw its crude steel production fall 8.1
Stainless market to return to 2019 levels, BIRThu, 03 Jun 2021 00:00:00 GMT
Stainless steel production in Europe, the Middle East and Asia could well return to 2019 levels this year. This however is not predicted to happen in the USA, Japan and India, Nornickel analyst Alina Racu said at the Bureau of International Recycling (BIR) convention this week attended byKallanish. Racu also sees a swift post-Covid-19-pandemic
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