Tharisa records highest ever full-year chrome production at 1.7Mt

Global molybdenum production rises while use falls in Q2 2024

Canada Nickel Company (TSXV: CNC) has received Canadian government backing for C$4.38 million in funding to support the development of the company’s Crawford nickel sulphide project in Ontario.

The global nickel market is poised for a larger surplus next year, driven by continued production expansion in Indonesia, Japan’s largest nickel smelter Sumitomo Metal Mining said on Wednesday.

Indonesian state-controlled miner PT Aneka Tambang (Antam) has acquired a 30% stake worth $102 million in a smelter owned by a subsidiary of Chinese stainless steel giant Tsingshan Holding Group, the company said in an exchange filing.

Xinjiang has taken full advantage of its coal resources to boost the coal industry and the high-quality development of economy.

Since initiating coal-bed methane extraction during the 11th Five-Year Plan (2006-10) period, China has made significant strides in this area.

On Sept 23, China imposed A package of Economic Stimulus Policy to support the ecomony solid and recovery.