The expedited development option will have average ore grades of 29.1% iron over the five years.

China's iron and steel industry needs to step up efforts on innovation and other practices to reduce cost and increase efficiency, to cope with challenges and realize high-quality growth, according to industry experts.

Teck Resources Ltd., one of Canada's leading mining companies, announced Tuesday the full sale of its steelmaking coal business in a series of deals valued at 8.9 billion U.S. dollars.

The city has built a risk monitoring and early warning system by applying robots for automated patrols, utilizing optical fiber for temperature checks and conducting real-time monitoring on pile slopes.

Canadian support for the construction of three major electric vehicle (EV) battery manufacturing factories will cost around 16% more than initially announced, an independent budgetary watchdog said on Friday.

An analyst said mining companies have been stepping up investment and local cooperation in China for more green opportunities in recent years.

The UK-based trade association UK Steel has published a report that examines current electricity prices faced by steelmakers in the UK, France, and Germany, and sets out four recommendations to deliver competitive electricity prices for the UK steel industry.

Iron-ore futures in Singapore touched $130 a ton for the first time since March on improving demand for steel in China, which is considering a new wave of stimulus to shore up the struggling property sector