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PT Krakatau Steel commissions the SMS group with the modernization of the hot strip mill no.1

PT Krakatau Steel (Persero) Tbk, in Indonesia, has placed an order with SMS group for a state-of-the-art Electrics and Automation system for their hot strip mill no.1. The company, publicly listed and state-owned, operates its plant in Cilegon, Banten, Indones...

Tuesday, November 14, 2023

EU agrees mineral supply targets to cut reliance on China

Negotiators for EU governments and lawmakers reached a deal on Monday on targets for domestic supply of critical minerals such as lithium and nickel to reduce its reliance on third countries, principally China.

Tuesday, November 14, 2023

US, Indonesia to discuss potential for deal on EV minerals - sources

The United States and Indonesia on Monday will discuss how to advance a potential minerals partnership aimed a stimulating trade of the electric vehicle (EV) battery metal nickel, according to sources.

Monday, November 13, 2023

Vale to sell 14% stake in Indonesia unit

Vale (NYSE: VALE) will divest 14% of its stake in Indonesian nickel unit to fulfill the country’s divestment rules, mining minister Arifin Tasrif told reporters on Friday.

Monday, November 13, 2023

Eastplats’ financial performance improves

Eastplats continues to produce chrome concentrate from its retreatment project, and has also started blasting operations at CRM, which initiated the soft restart of the Zandfontein underground section.

Monday, November 13, 2023

Zimbabwe’s dollar bourse plans commodity, electricity exchange

Zimbabwe’s bourse in the resort city of Victoria Falls plans to start a commodity and electricity exchange in the first quarter of next year, its chief executive officer said.

Friday, November 10, 2023

South Africa's mining production down 1.9% y/y, mineral sales down 20.2% y/y in Sept

Manganese ore production decreased by 5.6%, contributing -0.4 of a percentage point to the overall figure.

Friday, November 10, 2023

Reinvestment in coal-based steel production ‘fundamentally incompatible’ with achieving climate target: SteelWatch

Steelmakers around the world, including the US’ Cleveland-Cliffs, South Korea’s POSCO, Europe’s Tata and Australia’s BlueScope, ...

Friday, November 10, 2023
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