Global insight

Indonesia’s nickel prices surge amid probe into mining approvals

Prices of nickel ore in top global producer Indonesia have surged about 10% in recent weeks, say local buyers, after an investigation into mining quotas disrupted production of the metal used in stainless steel and batteries.

Thursday, August 24, 2023

Nornickel plans to move some trading to Dubai

MMC Norilsk Nickel PJSC has established an office in Dubai, becoming the largest Russian metals and mining firm to set up in the United Arab Emirates following the Kremlin’s war in Ukraine.

Thursday, August 24, 2023

Australia sees strong demand for critical minerals over next 40 years

Australia sees strong demand for critical minerals over next 40 years

Thursday, August 24, 2023

Elcora's Subsidiary Ermazon Achieves Milestone: Debut of Manganese Ore Mining and Delivery, Secures Future Orders, and Expands Mining Operations

Elcora's Subsidiary Ermazon Achieves Milestone: Debut of Manganese Ore Mining and Delivery, Secures Future Orders, and Expands Mining Operations

Thursday, August 24, 2023

Mako Gold confirms significant manganese discovery at Korhogo, Cote d’Ivoire

Mako Gold confirms significant manganese discovery at Korhogo, Cote d’Ivoire

Wednesday, August 23, 2023

BHP reports profit slump for 2023 as commodity prices fall.

Reported figures for the financial year ending on June 30, 2023, reveal a steep slump in earnings for Australia’s largest company, known for its domination in the commodities sector. Revenue fell by 17%, from $US65.1bn ($A101bn) in FY22 to US$53.8bn ($A83.8bn...

Wednesday, August 23, 2023

Tokyo Steel to keep product prices unchanged for 2nd month in Sept

Tokyo Steel Manufacturing Co , Japan's top electric-arc furnace steelmaker, said on Monday said it would keep steel product prices unchanged in September to reflect sluggish demand at home and abroad.

Wednesday, August 23, 2023

July 2023 crude steel production

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 158.5 million tonnes (Mt) in July 2023, a 6.6% increase compared to July 2022.

Wednesday, August 23, 2023
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