Ores

Nickel woes worsen for Glencore-backed miner as budget jumps 87%

Glencore Plc-backed Horizonte Minerals Plc is warning that it needs a whole new financing package to restart a nickel project in northern Brazil after a review revealed the mine will cost 87% more than thought.

Tuesday, February 20, 2024

UAE steel demand up 15% in 2023

Saeed Al-Rumaithi said steel demand in the second largest Arab economy grew from around 2.13 million tonnes in 2022 to about 2.5 million tonnes in 2023.

Tuesday, February 20, 2024

Ferro-Alloy Resources Ltd Secures Funding for Balasausqandiq Vanadium Project: A Leap Towards Sustainable Resource Extraction

Ferro-Alloy Resources Ltd Secures Funding for Balasausqandiq Vanadium Project: A Leap Towards Sustainable Resource Extraction

Tuesday, February 20, 2024

JSW Steel to acquire coal mine in Australia

JSW Steel, a leading steel producer in India, continues negotiations to acquire a 20% stake in the Australian coal mining company Whitehaven Coal

Tuesday, February 20, 2024

Oman Chromite Company Faces 44% Drop in Chromite Ore Production

Oman Chromite Company faces a 44% drop in chromite ore production, driven by resource depletion and market volatility.

Tuesday, February 20, 2024

Zimbabwe: Zida Gets U.S.$7 Billion Mining Investment Deal

Zida Gets U.S.$7 Billion Mining Investment Deal.

Tuesday, February 20, 2024

Rajasthan government confirms discovery of 840 million mt of iron ore reserves

Preliminary exploration conducted by the geological department of the western Indian state of Rajasthan has confirmed iron ore reserves estimated at 840 million mt

Monday, February 19, 2024

JSW Steel will build a new steel plant with a capacity of 13.2 million tons

JSW Steel, India's leading private sector steelmaker, has announced its plan to set up a new steel manufacturing complex with an annual capacity of 13.2 million tonnes in Paradip, Odisha.

Monday, February 19, 2024
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