Initiated in 2019, the global call for Expressions of Interest (EoIs) failed to garner substantial interest from potential buyers, resulting in the annulment of the sale.
The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.
Meidy Katrin Lengkey, Secretary General (Sekum) of the Indonesian Nickel Miners Association (APNI), estimates that Indonesia will control 85% of the world's nickel production by 2033.
Brazilian steel and iron ore producer CSN informed the local stock exchange authority (CVM) that the company has no plans or studies regarding the sale of 30 percent of the capital of its iron ore division CSN Mineracao.
The 2024 Minerals Research Institute of Western Australia (MRIWA) grant applications are now open, with a key focus on minerals research projects that are addressing a challenge facing the WA minerals industry.
German steel industry is in a concerned condition due to the ongoing decline in production, with steel production in the country predicted to be one of the slowest years on record.