Japan’s steel giant set to win price hikes as metal rallies
“We’ve seen big progress in correcting contract prices,” Nippon Steel says.
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Voisey’s Bay mine wins Miner of the Year
The Miner of the Year award also recognizes that the Voisey’s Bay mine expansion (VBME) team had zero lost time injuries on the project since it started in 2015.
Auxico plans to build $116 million rare earth refinery in Colombia
Auxico’s plant will incorporate standard metallurgical processes plus innovative extraction technologies
Glencore’s Australian coal mine revealed as methane super-emitter
The Hail Creek coal mine leaked an estimated 230,000 tonnes of methane a year in 2018 and 2019, according to researchers.
Lundin Energy exploring sale of $10 billion Nordic oil producer
The sale could rank as one of the largest European oil and gas deals in years.
Copper price rises as markets assess omicron variant impact
The World Health Organisation warned that deciding the severity level of the covid variant could take "days to several weeks".
Vale lowers production guidance in boost to iron ore rebound
It now expects to produce 315-320 million tonnes this year, compared with previous guidance of 315-335 million tonnes.
Iron ore price back above $100 despite omicron variant fears
CITIC said that commodity prices could be pressured by the pandemic situation in the short term but would be supported by easing property policy in China in the long run.
Vale sees spinoff hope in tapping waste for building materials
Vale is starting to extract sand from material left over from iron ore processing to supply civil construction projects in Brazil.
