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Australia expects iron ore-led rise in resources capex
Future mining investment is expected to ease as a result of less work on iron ore and coal projects, along with the deferral of final investment decisions on some large LNG projects, Australia's central bank said. |
China’s largest mills lift steel output to new record
China iron and steel association (Cisa) member mills increased steel output to a record high in late July as stimulus and lockdown delays extended the construction season into late summer. |
Indonesia set export value of steel and iron ore at 10 billion US dollars
By July 25, 2020, the cumulative export volume of Indonesian steel and iron ore in this year has reached 4 billion US dollars. |
Warsaw and unions clash over coal mine closure plans
The Polish government and mining trade unions failed to agree on a plan to overhaul the country's thermal coal sector. |
Warsaw and unions clash over coal mine closure plans
The Polish government and mining trade unions failed to agree on a plan to overhaul the country's thermal coal sector. |
Japan’s steel woes set to be laid bare as top mills give updates
Japanese steel producers, mired in one of their biggest postwar crises, are likely to reveal their troubles have crept into the new fiscal year when they start reporting earnings this week. |
HBIS lines up investment in Peru iron ore mine
HBIS Resources Co Ltd, a unit of China’s second-biggest steelmaker HBIS Group, said last Monday it had signed an initial deal to develop the Pampa de Pongo iron ore mine in Peru alongside current licence-holder Zhongrong Xinda. |
German steel giant Thyssenkrupp sells elevator business for 17.2 bln euros
Thyssenkrupp completed the sale of its elevator business for 17.2 billion euros (20.4 billion U.S. dollars). |
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