November 1, 2022

BHP warns of inflation risks in 2023, says China demand to stabilize

The mining industry has been weighed down this year since the Russian invasion of Ukraine by a supply bottleneck that sparked off inflation.

November 1, 2022

Vale to study implementing ‘mega hubs’ in Middle East countries

Vale is expected to build and operate iron ore concentration and briquetting plants within the hubs.

October 31, 2022

Brazil’s CSN net profit drops 82% in Q3

The bottom line came in at 238 million reais, while its EBITDA fell 37% to 2.714 billion reais.

October 30, 2022

Brazil’s president-elect Lula vows greener mining

Leftist former Brazilian President Luiz Inacio Lula da Silva was elected this Sunday, winning over far-right incumbent Jair Bolsonaro. 

October 30, 2022

How green material producers, buyers can capture the green premiums

Transforming the metals and mining, building materials, and plastics industries to make them compatible with sustainability targets will require increasing annual spending from $5.7 trillion to $9.2 trillion.

October 30, 2022

Germany’s biggest union starts warning strikes over wage demands

Metals and electronics workers are seeking an 8% wage increase amid soaring inflation. 

October 27, 2022

Vale Q3 net beats estimates, helped by forex gains

The bottom line was boosted by a $2.35 billion financial gain related to unspecified foreign exchange rates, which largely masked weaker sales and rising costs.

October 27, 2022

Iron ore price hit lowest since 2020 on global steel demand concerns

Prices have fallen more than 50% from a peak in March. 

October 27, 2022

BHP Group, ArcelorMittal trial carbon capture at Europe, US steel plants

By discharging over 3 billion tonnes of carbon dioxide a year, the steel industry accounts for 7-9% of global greenhouse gas emissions.

October 26, 2022

Japanese Tesla supplier to take on Chinese rivals to tap EV boom

Sumitomo wants to start making materials for a cheaper type of battery -- containing no nickel -- that’s poised for global popularity after storming the world’s top EV market, China.