Ores
Assore unveils R7.8bn offer to minorities in bid to end 70 years as JSE-listed firm
[Ferro-Alloys.com] ASSORE is to bring the curtain down on 70 years as a publicly listed company announcing today a R7.8bn buy-back of shares held by minority shareholders – a historic moment for the bulk minerals firm motivated by the low level of liquidity ... |
Shanghai rebar futures end higher on more stimulus hopes
[Ferro-Alloys.com] Shanghai steel futures closed higher on Thursday, boosted by hopes of more stimulus by China to support its economy impacted by the coronavirus outbreak, although gains were capped on caution over the country’s record-high inventories. |
China Baowu’s crude steel output world’s largest in 2019
[Ferro-Alloys.com] Steel giant China Baowu Steel Group announced Wednesday that it surpassed the Luxembourg-headquartered ArcelorMittal to become the world’s largest producer of crude steel in 2019. |
Canada Nickel expands Crawford holdings
v[Ferro-Alloys.com] Shortly after releasing a maiden resource for its wholly-owned Crawford nickel-cobalt sulphide project near Timmins, Ontario, Canada Nickel (TSXV: CNC) has announced an agreement with Noble Mineral Exploration to acquire one additional prop... |
China iron ore futures resume rise on stimulus optimism
[Ferro-Alloys.com] Chinese iron ore futures rebounded to close higher for a third straight session on Wednesday on optimism that further policy support will be rolled out to minimize the economic fallout from a global coronavirus outbreak. |
Canada’s Steel Producers Set A Goal to Achieve Net Zero CO2 Emissions by 2050
[Ferro-Alloys.com] The Canadian Steel Producers Association (CSPA) today announced its goal to achieve net zero carbon dioxide emissions by 2050. This goal is the central plank of the CSPA’s newly unveiled Climate Call to Action -- an industry first that lay... |
Colombian coal output fell 2% in 2019
[Ferro-Alloys.com] Coal production in Colombia, the fifth-largest coal exporter in the world, fell 2% to 82.2 million tonnes in 2019 after output at one of the principle mines declined and operations were interrupted by droughts, the government said Wednesday. |
Indonesia’s Bukit Asam 2019 output rises 10.2%
[Ferro-Alloys.com] Indonesian state-owned coal miner PT Bukit Asam said on Wednesday its output in 2019 rose 10.2% to 29.1 million tonnes. |
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