Serra da Serpentina has an estimated resource of 4.3bn t. Minas Rio's pellet feed ore production was 24mn t in 2023, up by 12pc from a year earlier.

The nickel market's supply overhang is not as significant as previously assessed, with physical supply-demand fundamentals tighter than market expectations and on track to balance sooner, according to the latest research undertaken by Australian bank Macquarie...

The total trading volume of 2403 contract on the exchange was 73459 lots, with a turnover of about 2384.9394 million yuan.

Australia-based diversified metals producer South32 has agreed to sell its Illawarra metallurgical coal operations in New South Wales state to an entity owned by Singapore-based Golden Energy and Resources (Gear) and Australia's M Resources for $1.65bn.

Jupiter: A global manganese player

Swedish iron ore producer LKAB reopened its disrupted railway line to traffic late yesterday at reduced speed and reduced load, a company source said.

The weekly fob Turkey assessment for mesh-quality wire rod fell by $5/t to $605/t.

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