Mining industry news reports.

Metro Mining yields strong bauxite shipments
bauxite
Thu, 03 Oct 2024 06:37:02 GMT
Metro Mining has surpassed its previous monthly shipment record at its Bauxite Hills mine in Queensland.


Metso invests in energy-saving future
minerals switzerland
Wed, 02 Oct 2024 23:37:02 GMT
Metso has signed an agreement to acquire the outstanding shares of its long-term partner Swiss Tower Mills Minerals AG


Iron ore soars to near three-month high on Chinas fresh property ...
iron ore market singapore
Tue, 01 Oct 2024 00:00:00 GMT
Iron ore futures surged to a near three-month high on Monday, propelled by improving demand outlook on the back of top consumer Chinas latest property stimulus and a raft of monetary easing policies. The most-traded January iron ore contract on Chinas Dalian Commodity Exchange (DCE) jumped 10.71% to finish at 821.5 yuan ($117.14) a metric ton. Earlier in the session, the contract hit 835 yuan, its highest since July 16. The benchmark November iron ore SZZFX4 on the Singapore Exchange


Ukraine: EU has to eliminate loopholes for Russian semi-finished ...
steel trade ukraine
Tue, 01 Oct 2024 00:00:00 GMT
The European Union has to eliminate all the loopholes for the import of Russian semi-finished steel products, that have remained after the introduction of sanctions, as soon as possible, as Russia is using its resources to control, attack and make dependant on its will. Now nothing prevents Russia from using its semi-finished products as


‘Emerging tech to challenge lithium-ion dominance’ ...
australia lithium
Mon, 30 Sep 2024 03:40:38 GMT
The Australian governments Department of Industry, Science and Resources has indicated that lithium-ion batteries are poised to dominate stationary storage for durations under 4-hours, but alternative technologies could surpass them for long duration energy storage


Iron ore logs over 10% weekly gain on China rate cuts, stimulus ...
china iron ore market
Sat, 28 Sep 2024 00:00:00 GMT
Iron ore futures prices rallied for a fourth straight session on Friday and eyed a weekly gain of over 10%, underpinned by fresh interest rates cuts in top consumer China and expectations of more fiscal and property stimulus. The most-traded January iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 4.38%higher at 750 yuan ($106.94) a metric ton, its highest level since Sept. 2. The contract has jumped 12.2% so far this week. The benchmark October iron


Vale considers listing base metals business in late 2026
metals vale
Fri, 27 Sep 2024 00:00:00 GMT
Speaking at the FT Mining Summit, chairman Mark Cutifani said Vale Base Metals could be valued at $40 billion.


Ukraine: AMKR announces decrease in output
arcelormittal iron ore market ukraine
Wed, 25 Sep 2024 00:00:00 GMT
ArcelorMittal Kryvyi Rih has announced a decrease in output due to the worsening of the market situation. The company has faced a number of serious challenges, among which are a drop of global iron ore prices, stagnation of European markets and high electricity prices in Ukraine. Decrease in output will not result in personnel


Coal imports rise to 90.51 mt in Apr-Jul
coal india production
Wed, 25 Sep 2024 00:00:00 GMT
India's coal imports rose marginally by 0.9% to 90.51 million tonnes in April-July FY25, driven by a need for coking and high-grade thermal coal not available domestically. Despite a rise in coal production, the country continues to rely on imports to support key industries like


Western Metallica to Start Drilling at Its Luz Maria Copper Porphyry ...
copper exploration
Tue, 24 Sep 2024 00:00:00 GMT
TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Western Metallica Resources Corp. (TSXV: WMS) (Western Metallica or the Company) is pleased to announce the launch of a first drill program at its Luz Maria copper porphyry prospect, with commencement


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