For the South African mining industry to thrive, it needs to focus on its competitiveness and it should embrace the Fourth Industrial Revolution (4IR), says University of Johannesburg Vice Chancellor and principal Professor Tshilidzi Marwala.

Along with the adoption of technologies needed for the Fourth Industrial Revolution (4IR) could potentially come a change in the type of jobs being created in the mining industry, gold miner Gold Fields technical executive VP Richard Butcher has said.

JSE-listed chemicals group AECI has declared a final cash dividend of 470c apiece for the year ended December 31, 2020, despite a 55% year-on-year decrease in profit from operations to R917-million.

Andrew Forrest’s grand call in a televised speech a few weeks ago for Australia to produce green steel made from zero-emissions energy such as hydrogen is starting to lead to action.

A startup called H2 Green Steel (H2GS AB) unveiled plans here on Tuesday to build a large-scale "green" steel production plant in the Boden-Lulea region in northern Sweden.

The amount exceeded the previous record of 1.08 billion tons in 2017, said the General Administration of Customs.

"China has been the largest market for Vale since 2006 and has become more and more important to Vale in recent years," Xie said.

The 2105 ferrosilicon contract price on ZCE closed at 7746 yuan per ton on February 24.