Beijing expects that the state-owned China Mineral Resources Group will gradually increase its share in purchases, and eventually the country's...
Mining industry
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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...
US Department of Energy predicts 4,000% growth in demand for lithium and graphite
The US Department of Energy says it has a comprehensive strategy to increase domestic feedstock production and manufacturing capacity, which will...
Ferrexpo's net profit in the first half of the year decreased by 88%
According to Lucio Genovese, non-executive chairman of Ferrexpo, the financial results announced today reflect "an unprecedented period in the...
Glencore cut copper production and increased nickel production
A Swiss trading company, one of the world's largest suppliers of commodities and rare earths, has reported a significant drop in copper, gold and...
Australian iron ore producers wary of China's plans
China's plans to centralize iron ore purchases could hurt the profits of global mining giants such as Australia's Rio Tinto and BHP Group....
New Study Reveals Serious Risk of Noise Pollution from Deep Sea Mining
The noise from a single operating mine will travel hundreds of miles, with devastating effects on deep sea life. For this reason, a growing number of...
Ferrexpo reduced production of iron ore pellets in Ukraine by 27% due to logistical constraints
Logistics in Ukraine remains the biggest constraint for Ferrexpo's business at present and the company is focusing its efforts on increasing seaborne...
Australian TIG approved coal mining at the Chukchi Zvonkoye field
The company expects to bring the new open pit to its design capacity in 2023, which will significantly increase the volume of coal production. In...
Miners at the world's largest copper company go on indefinite strike
Employees of the Chilean Codelco, the largest copper mining company in the world, went on an indefinite strike. They are protesting against the...
Ukraine and Poland deepen strategic partnership in the field of geology and mineral resources
On June 23, 2022, a Memorandum of Cooperation between Ukraine and Poland was signed, which provides for work and research on the geological study of...
