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Iron ore pellet production to be all-time high in FY24

Iron ore pellet production is likely to reach an all-time high in FY24 supported by strong domestic demand and pick up in exports.

Wednesday, January 10, 2024

Ferrosilicon Futures close at 6702 on January 9, down 0.80%

The number of warehouse receipts was 14328 (71640 tons), and 294 (1470 tons) were valid for the number of warehouse orders.

Tuesday, January 9, 2024

Woodside to partner on lower-carbon hydrogen value chain with SK E&S

Woodside Energy and South Korea’s SK E&S Co. Ltd. have signed a non-binding Memorandum of Understanding (MOU) to enable research on potentially developing a lower-carbon hydrogen value chain, including hydrogen, ammonia, and related products.

Tuesday, January 9, 2024

India's Tata Steel to spend $1.2 billion annually to create 1-2 million mt new capacity each year

India's Tata Steel Limited will invest an estimated $1.2 billion every year to increase its steelmaking capacity by 1-2 million mt per year to maintain its market share

Tuesday, January 9, 2024

Australia's Strike Resources to divest Paulsens East iron ore mine, advance iron ore project in Peru

Strike Resources plans to use a part of proceeds of the sale to fully repay its US$7.2 million loan owed to Australia-based Good Importing International

Tuesday, January 9, 2024

Administrators suspend Savannah nickel operations

The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia.

Tuesday, January 9, 2024

Simandou build expected to start in 2024 after almost 30 years of setbacks

Rio Tinto expects to begin infrastructure work on the massive Simandou iron ore project in Guinea this year following almost three decades of setbacks and scandals.

Tuesday, January 9, 2024

Ferrosilicon Futures close at 6712 on January 8, down 0.44%

The total trading volume of 2403 contract on the exchange was 120759 lots, with a turnover of about 4078.4104 million yuan.

Monday, January 8, 2024
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