Indonesia’s nickel industry group FINI said production capacity utilization at rotary kiln electric furnace (RKEF) smelters in the country has dropped to 76% from 84% last year

The electricity data for April and May reflect a system that is operationally more stable

While junior explorer Altona Rare Earths is undertaking metallurgy work at its Monte Muambe rare earths and Monte Muambe fluorspar and gallium projects

Tivan has completed a mini-pilot plant program for its Speewah Fluorite Project in Western Australia

Based on recent market dynamics, a metal calcium plant in Shaanxi has resumed production earlier this month.

Global steel excess capacity isexpected to reach 745 million tons by 2028, exceeding the current total steel production of OECD countriesby 319 million tons.

Major miners BHP, Rio Tinto and Fortescue are reported to have urged for closer coordination and potential government support as they respond to China’s reshaping of global iron ore purchasing through China Mineral Resources Group (CMRG).

Steel demand has somewhat begun to feel the bite of higher inflation caused by elevated energy prices