Australia introduces tax incentive to propel critical minerals industry

World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 151.2 million tonnes (Mt) in October 2024, a 0.4% increase compared to October 2023.

Indonesia is squeezing supplies of nickel ore to protect smaller local miners as the market for the battery metal endures a prolonged slump, according to Eramet SA.

Top thermal coal exporter Indonesia, one of the world's largest carbon emitters, is aiming to reduce coal-fired power to 33% in its energy mix by 2040 and increase the share of renewable energy production to 42%

alcium metal market as a whole shows a slight decline

Türkiye, holding approximately 73% of the world¡¯s boron reserves, continues to dominate in the production and sale of this ¡°fuel of the future.¡± In 2023, Türkiye¡¯s boron exports surpassed $1 billion.

The new plant, worth €2.5 billion, will contribute to the decarbonization of steel production and the strengthening of economic cooperation

The country plans to reach 300 million tons of steel output by the specified deadline