Australia’s Nickel Industries said on Monday it would seek shareholder approval for a A$943 million ($620 million) share placement to pursue growth opportunities including potential expansion at its Excelsior Nickel Cobalt (ENC) project in Indonesia.

Nickel miner Vale Indonesia is planning to divest 14% of its stake this year to fulfill divestment rules, Indonesia’s mining minister Arifin Tasrif told reporters on Friday.

In June, the largest suppliers were Canada (628,000 NT, no change vs. May), Brazil (419,000 NT, up 75%)...

AISI: US Raw Steel Production in the week ending on July 29, 2023.

South Australian exports have risen to a record high on the back of a boost in trade with China.

From January to June, the province's trade with countries along the Belt and Road rose 9.1 percent year on year to 97.26 billion yuan.

As many of its manufacturing facilities have been intensively used for a prolonged period, there is a pressing need to shift its energy-intensive equipment to low-carbon mode.

Erenhot has handled 12,000 China-Europe freight train trips since the service was launched in 2013.