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Means of production prices rise in China

Of the 50 major goods classified in nine categories, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 31 reported higher prices in the period, 15 saw price declines, while the prices of four remained unchanged, according to the Na...

Thursday, August 17, 2023

GSCC launches new ‘green steel’ standard amid growing ‘Buy Clean’ divide

The Global Steel Climate Council (GSCC) has launched new standards for producers that want to call their products “low carbon” is deciding exactly what “low carbon” means.

Thursday, August 17, 2023

Vale sells stakes in Energy Transition Metals business; deals must face Canada scrutiny

The transaction was expected to close by the first quarter of 2024.

Thursday, August 17, 2023

Teck and Norden team up to reduce carbon emissions

Teck Resources (TSX: TECK.A and TECK.B; NYSE: TECK) is working with Norden to reduce carbon dioxide (CO2) emissions in Teck’s steelmaking coal supply chain. The agreement is expected to reduce annual emissions from Teck shipments handled by Norden by 25%, or ...

Thursday, August 17, 2023

Demand for Fortescue’s products strong: FMG chief financial officer

Demand for Fortescue’s products has remained strong all year. This is the result of steel mill profitability as well as the consistent quality of delivered product and the low variability of Fortescue ores.

Thursday, August 17, 2023

Stockpiles could add potential at Buena Vista

Iron-ore junior Magnum Mining & Exploration will evaluate stockpiles at its Buena Vista project, in Nevada, as potential mill feed.

Thursday, August 17, 2023

Ferrosilicon Futures close at 6822 on August 16, down 1.27%

The 2310 ferrosilicon contract price on ZCE closed at 6822 yuan per ton on August 16.

Wednesday, August 16, 2023

TechMet closes $200m equity raise for critical minerals operations

TechMet, a critical minerals investment company founded by Brian Menell, has closed its latest $200-million equity fundraising round, putting the firm on track to exceed a billion-dollar valuation in the next few months.

Wednesday, August 16, 2023
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