Malaysian banking company AmBank Group has announced that it has provided RM 84 million ($17.7 million) financing to Malaysia-based steel producer Malaysia Steel Works(KL) Bhd (Masteel) to support the latter's technological transformation to green steel produc...
A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s dominance of global supply.
Turkish steelmaker Tosyali Holding AS plans to invest as much as $5 billion in a steel plant in Saudi Arabia, part of an expansion spree that includes Algeria, Angola, Senegal and Spain.
SLN, the New Caledonia nickel producer controlled by mining group Eramet, said on Monday it was running at reduced capacity after an electrical incident over the weekend caused a local power cut.
In a historic move aimed at bolstering economic ties and fostering mutual growth, Saudi Arabia has officially signed a Memorandum of Understanding (MoU) with the renowned Brazilian mining giant,Vale Company.
The miner on Monday posted a near 50% drop in second-quarter metallurgical coal output as it completed major work at an underground mine at its Illawarra operation, while its quarterly manganese production also missed estimates.