Aluminum price hits 9-year high on Chinese supply concerns
The Chinese city of Baotou in Inner Mongolia ordered some shutdowns in a bid to meet its energy consumption targets for the first quarter.
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Greensill Capital sued in US as miner claims finance fraud
Greensill’s collapse presents “a clear and present threat” to Bluestone Resources, the coal miner said.
Fortescue eyes Brazil plant amid green hydrogen push
The company has signed a memorandum of understanding with Porto do Açu, a major Brazilian seaport and industrial hub, to study the feasibility of installing a 300-megawatt green hydrogen plant onsite.
Aura Minerals to pay $60m in dividends, shares up
The miner will pay a dividend of $0.83 per common share on April 6.
Seven coal miners killed in Pakistan in second incident in one week
In the past year, 102 coal miners have been killed in Balochistan in 72 different incidents.
Nornickel downgrades output forecast by 15-20% after mine restarts delayed
Operations at the Oktyabrsky and Taimyrsky mines are unlikely to restart fully for another 3-4 months.
Codelco gets regulatory nod to extend life of Radomiro Tomic mine
Codelco is in the midst of a 10-year, $40 billion initiative to upgrade its century-old network of mines in Chile.
World aluminum industry must cut emissions by 77% by 2050 – IAI
About 60% of aluminum emissions are from electricity used to smelt raw materials into the lightweight metal.
Silkroad to supply 2.7m tonnes nickel ore to Tsingshan
Tsingshan uses nickel ore to make stainless steel raw material nickel pig iron (NPI) in Indonesia.
