Champion Iron bolsters liquidity for growth opportunities

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support organic growth and development opportunities to decarbonise steelma...

Thursday, November 30, 2023

Antam to sign joint venture deal on EV battery plant in December

State-owned nickel and gold mining firm PT Aneka Tambang (Antam) is expected to sign a joint venture agreement with China’s Contemporary Amperex Technology Co. (CATL) to produce raw materials for electric vehicle (EV) batteries in December.

Thursday, November 30, 2023

Rio Tinto lauds country's advantages

China's resilient supply chains have given multinational companies strong confidence to deepen their market development amid the improved business environment in the country in recent years, a top executive of Rio Tinto said.

Wednesday, November 29, 2023

ArcelorMittal SA CEO sees no way of avoiding longs closure, says wind down to start in Jan

ArcelorMittal South Africa (AMSA) CEO Kobus Verster believes there is no immediate prospect of addressing the structural issues undermining the financial viability of the group’s long-products business

Wednesday, November 29, 2023

EU urges US to make steel import quotas less rigid

The United States needs to make quotas for imported EU steel far less rigid, assuming they are extended beyond the end of this year, European Commission Vice President Valdis Dombrovskis said on Monday.

Tuesday, November 28, 2023

China's iron and steel industry needs innovation

China's iron and steel industry needs to step up efforts on innovation and other practices to reduce cost and increase efficiency, to cope with challenges and realize high-quality growth, according to industry experts.

Monday, November 27, 2023

Innovation drives stable industrial growth

Construction machinery trade surplus increases as high-tech rules the roost.

Monday, November 27, 2023

India's national stainless steel policy likely to be unveiled in early 2024

The Indian government will release a National Stainless Steel Policy eraly next year, industry and government officials said on November 24.

Monday, November 27, 2023
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