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Mining industry
Ukrzaliznytsia denied reports about the suspension of iron ore transportation in the direction of the Czech Republic
The national railway operator of Ukraine was forced to come out with a refutation of reports about the alleged blocking of shipments of metallurgical...
Iron ore drops as Chinese steel demand remains weak
Iron ore fell as investors took stock of weak steel demand in China and the reopening of a key export port in Australia....
Ferrexpo doubled iron ore production in central Ukraine
Doubling of total iron ore pellet production to 0.90 Mt in Q1 2023 (Q4 2022: 0.42 Mt) was driven mainly by improved power supply to Ferrexpo's...
Sweden announced the discovery of Europe's largest deposit of rare earth metals
Rare earths are not currently mined in Europe, leaving the region dependent on imports from other countries. At the same time, demand is expected to...
Rio Tinto and Baowu take next step towards joint venture in Guinea
The problem of transporting high-quality iron ore from the world's largest undeveloped project, Simandu, hinders its development...
Ferrexpo commented on the arrest of its director in Courchevel
The mining company Ferrexpo plc, with major assets in Ukraine, said that it was aware of the detention in France of its non-executive director and...
Coal production in Shanxi province increased by 8.9% in January-November 2022
Northern China's Shanxi Province, the country's largest coal-producing region, saw a steady increase in coal production in the first 11 months of...
China centralizes iron ore purchases
Beijing expects that the state-owned China Mineral Resources Group will gradually increase its share in purchases, and eventually the country's...
UK approves construction of new coal mine for the first time in 30 years
For the first time in decades, London has given official permission to put into commercial operation a new coal mine that will supply coking coal to...
Steel demand and weather in Australia will affect coking coal prices
Exports of Australian hard coking coal in January-September this year amounted to 79 million tons, which is 6% less than a year earlier. Exports of...
Australian mineral exploration spending reaches record high
Non-ferrous metals exploration spending is trending upward, double its level two years ago and more than four times its 2016 level....
China's iron ore output to rise in 2023 as new projects are launched
According to consulting firm Nanhua Futures, due to weak interest from China's steel sector, which is in the process of reducing production, the...
Australia and the UK aim to catch up and overtake China in the battery metal sector
Critical minerals businesses in Australia and the UK plan to create an integrated battery supply chain to prevent Chinese companies from monopolying...
Ukraine delivered 86,000 tons of iron ore to Turkey in September - TUIK
Supplies of Ukrainian iron ore raw materials to Turkish consumers in September 2022 were twice as high as iron ore supplies from Russia....
Mining enterprises of Ukraine reduced the export of iron ore by 38.9%
The export of raw materials was carried out mainly to China (41.90% of the supply in monetary terms), the Czech Republic (9.65%) and Poland (7.99%)....
The new American nuclear industry has a Russian problem
A new generation of small nuclear power plants faces fuel shortages...
ArcelorMittal Kryvyi Rih resumes iron ore mining after successful sale in Poland
In September, the Kryvyi Rih enterprise managed to export an additional 50 thousand tons of iron ore concentrate to Poland, which allowed...
Iron ore prices fall to 11-month low
Iron ore reached its all-time high of 229.50 in May 2021. Today, its quotes on Chinese stock exchanges are at the level of 96 - 97 dollars per ton...
Ferrexpo has suspended mining and production of iron ore in Ukraine
Ferexpo PLC shares fell 7.64% after the company said it was temporarily suspending production, Market Watch reported....
Four Ukrainian coal mines suspended work after missile attack
The missile strike cut off power to four mines, initially trapping the miners underground and knocking out equipment and ventilation. Soon after, all...
Ferrexpo's total iron ore pellet production declined by 68%
Sales of a Swiss mining company with assets in Ukraine totaled one million tonnes in Q3 2022, a 65% decrease year-on-year, reflecting logistical...
The heads of mining companies named the main risks for business
Covid-19, the war in Ukraine and rising energy prices have escalated the situation in the industry to the limit...
Moody's changed the outlook for the global mining industry to "negative"
Mining profits and prices will be higher than in pre-pandemic years, but below the record high seen in early 2022, analysts say....
Coal production in China increased by 11% in January-August
In the first eight months, metallurgical coke production in China amounted to 318.22 million tons, which is 1.1% less than in the same period last...
Ukraine may resume coal exports to Poland
We are talking about 100 thousand tons of Ukrainian coal with delivery in September, which are now critically needed by Poland to overcome the energy...
UK government to set up Critical Minerals Agency
The UK government is beginning to recognize the risks of disruption to the critical minerals supply chain....
thyssenkrupp has successfully completed the sale of the company's mining business
The German industrial holding is consistently getting rid of its non-core assets, focusing on steel production and engineering solutions. The...
The management company "Kuzbassrazrezugol" started testing a domestic drilling rig of a new generation
The planned productivity of the machine is 25 kilometers of drilled wells per month. In the future, the control system of the machine will allow...