Reported figures for the financial year ending on June 30, 2023, reveal a steep slump in earnings for Australia’s largest company, known for its domination in the commodities sector. Revenue fell by 17%, from $US65.1bn ($A101bn) in FY22 to US$53.8bn ($A83.8bn...
Tokyo Steel Manufacturing Co , Japan's top electric-arc furnace steelmaker, said on Monday said it would keep steel product prices unchanged in September to reflect sluggish demand at home and abroad.
World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5 million tonnes (Mt) in July 2023, a 6.6% increase compared to July 2022.
Queensland Treasurer Cameron Dick has warned BHP that he may cancel the major miner’s leases in the state unless the company backtracks on its decision to pause new investments.
A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y at the same capital outlay.