US hot-dipped galvanized (HDG) coil and cold-rolled coil (CRC) prices jumped as mills locked in higher prices.

Multiple mills reported they would follow in Cliffs' footsteps, but no other steelmakers made published announcements today.

Neometals Ltd on Wednesday announced the ‘successful production’ of battery-grade nickel sulphate through a German lithium-ion battery recycling demonstration trial.

The Western Australian (WA) Government has released a consultation paper for its planned refresh of the State’s Battery and Critical Minerals Strategy.

The world’s biggest oil producer is now also aiming to become a key hub for making batteries for electric vehicles, as Saudi authorities look for new ways to diversify the economy and develop a domestic auto industry.

Iron ore has reached “unreasonable” levels that are hurting Chinese steel mills, according to China Mineral Resources Group, the state-backed firm trying to boost Beijing’s sway over prices.

In a notable achievement, TAKRAF Group has announced the signing of a major contract between Rio Tinto and TAKRAF concerning development of the Simandou iron ore complex in Guinea.

JFE Steel also targets to expand the recycling capacity at the planned Keihin plant to a maximum 120,000 t/yr by 2023-31, cutting carbon dioxide emissions by 160,000 t/yr.