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AM’s Fos steelworks to shut indefinitely in 6-8 weeks
ArcelorMittal, Europe's largest steelmaker, says the process to shut down the French steelworks is "well under way", with the process taking 6-8 weeks in total owing to its complexity. |
BHP sees electrified steel production from Pilbara ores
European DRI capacity is expected to rise to around 40mn t/yr in Europe from under 1mn t/yr at present as the steel sector looks to curb emissions. |
Low prices force West Australian iron ore consolidation
The rally in prices earlier this year saw some marginal producers look to restart but rising costs and the easing of prices through April-May scuppered most plans. |
Vietnamese steel prices drop for 10th straight month in May
Sales of the products in May increased by 26.08% month-on-month to 927,618 tonnes but were unchanged compared to the same period last year. |
Makhado project’s mine life, coal reserves increase considerably
Coal miner MC Mining’s updated life-of-mine (LoM) plan and coal reserve estimate for its fully-licensed and shovel-ready Makhado steelmaking hard coking coal project has demonstrated a considerably increased mine life, up 27%, at a 25% higher yearly mine prod... |
Galan's completes DFS in Argentina
A definitive feasibility study (DFS) into Phase 1 of the Hombre Muerto West (HMW) lithium project, in Argentina, has estimated a capital cost of $104-million and an operating cost of $3 963/t. |
Cape Gate to pay R1.38m settlement, but does not admit to contravening the Competition Act
The agreement settles the dispute between the Competition Commission and Cape Gate in terms of which the commission alleges that Cape Gate contravened a section of the Competition Act by fixing the price and trading conditions and dividing the market for long ... |
Indian SoE to sign lithium pact with Argentina
India, among the world's top greenhouse gas emitters, has been pursuing overseas pacts to secure key minerals in resource-rich countries such as Australia, Argentina and Chile. |
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