Further development of the Indian steel industry is predicted with a growth rate of 7.2-7.4% per year...
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Zimbabwe and Russia agree to launch a platinum deposit
Zimbabwe and Russia have agreed to launch platinum group metals mining at a new deposit. The signing of the relevant agreement took place the day...
Valcambi Loses Newmont Gold Refining Contract
Swiss refiner Valcambi has lost a contract to process around 4 million ounces of gold per year from Newmont Mining Corp, one of the world's largest...
Sandvik localizes underground loader bucket production
Sandvik Mining and Rock Technology has localized bucket production for its underground loaders. The quality of the products meets the highest...
Metals prices will rise amid falling dollar
Zinc raw material prices are falling due to growing supply problems; copper prices are rising amid falling dollar....
Britain stops production of Jaguars
Jaguar Land Rover temporarily suspends production in the UK due to uncertainty over Brexit....
Copper producers gather in Chile for the annual World Conference
Hundreds of investors, executives, analysts and executives gather in Santiago, Chile's capital, for the annual World Copper Conference....
Money laundering scandal leads to resignation of Swedbank chairman
The bank's executive appointment committee is currently looking for candidates for the role of director and chairman of the board....
U.S. boosts lithium imports for electric vehicle batteries
The United States is developing a national supply chain strategy to dramatically accelerate the production of electric vehicles....
ArcelorMittal switches to hydrogen gas for pure steel production
The company is launching a new research project in Hamburg with an estimated cost of 65 million euros....
The creation of the largest European metallurgical enterprise will continue
India's Tata Steel says it supports the "industrial" logic of forming a joint venture with Germany's ThyssenKrupp....
Iron ore prices may rise to $ 100 per ton
The cost of the rock has once again increased on the back of statements by BHP and Rio Tinto to cut production....
Steel mills in northern China cut production
In the two largest steelmaking urban districts of the PRC - Tangshan and Handan, steel production continues to decline. The measure is scheduled for...
China's refined copper imports to drop nearly 15 percent in 2019
China's imports of refined copper will decline 14.7 percent this year as domestic metal production surged, research firm Antaike said Friday....
Bekaert cuts over 200 jobs in Belgium
Belgian steel wire maker NV Bekaert said Thursday that it intends to close its steel fiber plant in Belgium, cutting 281 jobs as part of a...
Norsk Hydro suffered colossal losses in recent cyber attacks
AIG, a global insurer, spoke about this at a press conference. Also, the American manufacturers of resins, silicones and other materials Hexion and...
Indian gold imports in April-February fell 5.5 percent
The world's largest gold importer reduced purchases of precious metals due to falling prices for jewelry....
Production director of Krakatau Steel suspected of bribery
The Jakarta court has suspected one of the heads of the state-owned company of receiving a multi-billion dollar bribe when purchasing equipment....
Philippine Philex Delays Copper & Gold Mine Launch By Four Years
The company is considering an alternative project to implement underground ore mining...
Glencore suspends work at Australian zinc mine
Rio Tinto, BHP and Fortescue have removed their ships from Australian ports ahead of the expected departure of Cyclone Veronica....
Mechel's debts grow by a billion
Profit of steel producer Mechel fell 7 percent in 2018 amid declining sales....
Norsk Hydro continues to rebuild after a series of cyber attacks
The attack used a virus known as LockerGoga, a relatively new type of so-called ransomware that encrypts computer files and requires a fee to...
Two people killed in clashes near Vedanta's Indian alumina refinery
One of the protesters and a police officer were killed in clashes near the Vedanta Ltd alumina refinery in eastern India, a police officer said on...
Palladium is rapidly rising in price due to possible sanctions against the Russian Federation
Palladium nearly reached a record high in the spot market amid risks of a possible ban on supplies from Russia....
India's capital to launch smart waste bins for smart waste stations
The largest state-owned metallurgical company in the country, naala, produces stainless containers for garbage, which can transmit data on their...
ArcelorMittal achieves its goal in the acquisition of Essar Steel
The Indian Court of Appeals has approved ArcelorMittal's plan to take over steel giant Essar Steel....
Australia's Pilbara Minerals will produce battery chemicals with Posco
Pilbara announced earlier this year that it had agreed to sell about 240,000 tonnes of lithium concentrate per year to Posco....
China iron ore exchange prices rise 3 percent
Quotes jumped amid a possible disruption in iron ore supplies from Vale....
US and Brazil may partner to build small nuclear reactors
The two countries intend to sign a memorandum that will include a provision for the creation of a bilateral forum to discuss investment...
Scientists have made metal pipes safer for health
Scientists at Purdue University in the USA have invented a new alloy for making water pipes....
