Iron ore exploration and development company Equatorial Resources (ASX:EQX) has entered into a conditional agreement with privately owned company Companhia Rio de Ferro to acquire the Nimba Alliance Iron Ore Project in Guinea, West Africa.
Indian private-sector steelmaker JSW Steel has successfully bid for the Jaisinghpura south iron ore block located in Ballari, Karnataka in an auction held in March.
Indian private-sector producer Tata Steel registered its highest crude steel production of 19.9mn t and sales of 18.9mn t during the April 2022-March 2023 period.
Japan's sales of domestic passenger electric vehicles (EVs) more than doubled on the year in March, but their share in total domestic car sales was down from the previous month.