The US Department of Energy says it has a comprehensive strategy to increase domestic feedstock production and manufacturing capacity, which will...
Mining industry
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...
Ferrexpo limits iron ore production in Ukraine due to logistics problems
The company said it is adjusting its upstream capacity in line with sales to European and offshore markets that are viable under the circumstances....
ALROSA refuses dividends due to economic sanctions
Alrosa is the world's largest diamond mining company...
Rusal filed a claim for a 20% refund in the Queensland Alumina alumina refinery of the Rio Tinto concern
Rusal's lawyers believe that the Australian mining concern violated its obligations, and the personal sanctions imposed against the founder of the...
Ex-Billionaire Executives Sued in Glencore Bribery Case
U.S. Attorney General Merrick Garland Announces Pleading Guilty to Glencore of Bribery and Market Manipulation Schemes...
Glencore accused of bribery in London pleads guilty in the US
Glencore mining company settles bribery and market manipulation cases in UK and US...
Lithium mining in Chile's Atacama sparks controversy over flamingo habitat
Flamingo numbers are declining, and a new study links this to water being extracted by mining companies for lithium-infused brine...
Iron ore price rises due to supply issues
China's iron ore stocks remain at their lowest level since October...
The price of iron ore is at the level of almost 4-month low
China's central bank said Monday it will step up support for a slowing economy...
Russia doubled coal supplies to China
Chinese traders, having settled financing and lending issues in their banks, aggressively increased purchases of Russian coal against the background...
Anglo American Unveils Largest Hydrogen-Powered Mining Truck
nuGen TM Zero Emission Haulage Solution is a premium hydrogen powered mining truck. This is an ambitious project, in which for the first time a truck...
Exports of thermal coal from the United States reached an annual maximum in March
U.S. coal prices averaged $508.91/tonne in March, up 40% from the previous month and up 246.5% from last year....
YuGOK reduced the output of iron ore concentrate by 24%
According to the company's official information, YuGOK produced 316.9 thousand tons of iron ore concentrate in April, and 411 thousand tons in March....
A new mine in the UK will not be able to replace coal imports from Russia - expert's opinion
The UK has only two potential buyers of this coal: Tata Steel and British Steel. British Steel said it could not use coal from the mine due to its...
Indian Tata Steel has found an alternative to Russian coal
While demand for Russian coal is likely to increase, analysts say potential payment problems associated with international sanctions and the high...
China to introduce temporary zero rate of import customs duties on coal
From May 1, 2022 to March 31, 2023, a temporary zero rate of import customs duties will be in effect for coking coal for the metallurgical industry....
Coal production in China rose by 14.8% in March
In March, China imported 16.42 million tons of coal, which is 39.9% less than in the same period last year....
Confrontation with Russia forced the UK to unfreeze the largest coal project
In the UK, they plan to open the first coal mine in 30 years against the backdrop of a reduction in energy supplies from Russia. A mine project in...
Three miners died under mysterious circumstances at the Gaisky GOK in the Orenburg region of the Russian Federation
По предварительным данным областной прокуратуры, при проведении производственных работ «произошла внештатная детонация вещества» на глубине 1,2...
Ferrexpo increased its net profit by 37.1% in 2021
Ferrexpo has prepared stress tests with major adverse changes such as 3, 6 and 18 month production stoppages. Under these stress testing scenarios,...
World alumina production reaches a record 138 million tons
IndexBox has published a new report: "The World - Alumina - Market Analysis, Forecast, Size, Trends and Conclusions". Here is a summary of...
Russia has not yet found alternative buyers of coal - its exports fell by 9%
In early April, the EU imposed a ban on the import of coal from Russia as part of another package of sanctions. The Russian authorities talked about...