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Nornickel cuts nickel production by 10% y/y in Q1
Russian metals giant Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, cut nickel production by 10% year on year in the first quarter to 42,000 metric tons, the company said on Monday. |
Australian Steel Institute seeks prohibition on unprocessed scrap exports
The Australian Steel Institute (ASI) has called for a ban on unprocessed steel scrap exports, stating that steel scrap is a valuable resource which is becoming increasingly scarce. |
BHP nears decision on WA nickel
BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is expected to unveil its long-term strategy by August, CEO Mike Henry said on Thursday. |
Nuclear power's share in energy mix on the rise
In China's latest 14th Five-Year Plan (2021-25), the government has called for nuclear generation capacity expansion to 70 GW in 2025. |
Integrated project crucial in green power leap
As demand for clean, renewable energy sources surges, there is growing consensus among industry experts that energy storage will play a pivotal role in driving green transition forward in China. |
China to establish coal capacity reserve system by 2027
China vowed to set up a coal capacity reserve system by 2027, aiming to secure energy security through more flexible coal supplies, according to plans the country released Friday. |
China's largest listed steelmaker breaks ground on zero-carbon factory
Construction on a zero-carbon steel plate factory began Thursday in the port city of Zhanjiang, a production base in Guangdong's Leizhou Peninsula. |
Indonesia approves 152.6mn t of nickel mining quotas
Indonesia's government has approved a total of 152.62mn t nickel mining production quotas, also known as RKAB, so far this year, market participants told Argus. |
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