World No. 2 iron ore supplier Vale SA delivered a bigger-than-expected increase in production last quarter in a result that may undermine prices of the key steelmaking ingredient.
Australian battery metal producer IGO Ltd said on Wednesday it would put its Cosmos nickel project in Western Australia into care and maintenance due to low prices, as it also trimmed its annual lithium production forecast.
Shares in Lifezone Metals, 17% owned by BHP, rose in the early hours of Monday’s trading session on news about a high-grade nickel discovery at its Kabanga project in northwest Tanzania.
Metso and Ferro Alloys Corporation Limited (FACOR), part of Vedanta, have agreed on the design and delivery of a ferrochrome plant for FACOR’s expansion project in Bhadrak, Odisha, in India. The contract value of approximately EUR 80 million is booked in the...
Russian metals producer Nornickel on Monday said it expected a further decline in nickel output this year, hit by adverse geopolitical risks and postponed furnace repairs, following on from a drop in production in 2023.
Brazilian mining company Vale expressed optimism about the growth prospects of the Chinese economy and asserted its strategic position to contribute to China's high-quality development.