Finance & Economy

Stimulus, EV surge shaping diversification

Private investment and management company Menar is prioritising an iron-ore acquisition as well as a second sizeable manganese deal this year, while implementing a R7-billion thermal coal and anthracite expansion, in addition to developing its first manganese ...

Monday, March 22, 2021

Exxaro outlines value opportunity in transforming to low-carbon future

The value opportunity of diversified mining and energy company Exxaro Resources is rapidly transforming in line with the accelerated demand for cleaner and low-carbon resources, Exxaro Resources CEO Mxolisi Mgojo said on Thursday.

Friday, March 19, 2021

Exxaro announces record dividend on earnings leap in fourth fatality-free year

The black-empowered and black-led diversified mining company Exxaro Resources on Thursday announced a record dividend distribution on 25%-higher earnings and another year without occupational loss of life, taking the safety achievement to four years of fatalit...

Thursday, March 18, 2021

Northern Cape ‘elephant country' needs exploration boost, says explorer

South Africa is still "elephant country" and needs to boost exploration in the Northern Cape's highly prospective Namaqua metamorphic geological province in particular, says PGM Management MD Gerhard Meintjes.

Thursday, March 18, 2021

Inner Mongolia Jingan invests more than 600 million yuan to build EAF steelmaking plant

Inner Mongolia (Naiman) Jingan nonferrous metal materials Co., Ltd. plans to invest 610.9834 million yuan in the construction of electric furnace steelmaking plant casting, machining and steel structure manufacturing project.

Wednesday, March 17, 2021

Fortescue looks at Brazilian hydrogen

The energy arm of iron-ore major Fortescue, Fortescue Future Industries (FFI) and a subsidiary of Prumo Logistica S.A, Porto do Açu Operações S.A. (Port of Açu), have signed a memorandum of understanding (MoU) to assess the opportunity to develop hydrogen-base...

Wednesday, March 17, 2021

Eskom mulls alternatives to R300bn emissions-compliance spend

Coal-heavy electricity utility Eskom has reiterated its commitment to complying with South Africa’s tightening minimum emission standards, but CEO Andre de Ruyterhas also indicated that it is considering capital-light alternatives, as well as noncoal repoweri...

Wednesday, March 17, 2021

In 2020, the global output of crude stainless steel will be 50.89 million tons, a year-on-year decrease of 2.5%

According to the statistics released by ISSF on March 15, the global stainless steel production in 2020 decreased by 2.5% to 50.892 million tons from 52.218 million tons in 2019.

Tuesday, March 16, 2021
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