Listed Nickel Asia Corp. (NAC) said its net income last year plunged by more than half due to lower nickel ore prices.

Indonesia’s incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo’s nickel “downstreaming” policy but faces the task of reducing oversupply while pushing to strengthen the processing industry, his advisers say.

On March 11th, the APNI released INPI Index.

Vanadium: Australia’s next mining frontier

Iron ore falls on mounting fears of easing Chinese demand

Pakistani steel producer Aisha Steel reported a significant increase in production volume during the first half of the 2024 fiscal year.

Sakura Ferroalloys Sdn Bhd (Sakura) will commission its new US$300 million (RM1.422 billion) sinter plant in the Samalaju Industrial Park (SIP) in the second half of this year.

Domestic sponge iron producers fear that persistent iron ore shortages could push the industry to the brink of collapse.