May 24, 2022

Demand for steel alloys grows as the energy transition gains momentum 

Global stainless steel melt production is expected to be about 62 million tonnes (Mt) in 2022, rising to 90 Mt by 2050.

May 24, 2022

Coal India to open big, new mine this year to fight power crisis

Production would initially start in the October to December quarter at an annualized rate of about 2 to 5 million tonnes.

May 24, 2022

India’s top mining, steel groups warn of adverse impact from export duty hikes

The government announced on Saturday that export tariffs on new iron ores and concentrates would be raised to 50% from 30%.

May 22, 2022

Indian steelmakers face hit on Europe deals over export tax

Indian steel firms could be forced to cancel European orders after an overnight decision to impose export taxes on steel products.

May 20, 2022

Hyundai Motor Group to invest $5.5 billion to build EV and battery facilities in US

Hyundai will break ground on its new facility in Georgia in early 2023 and is expected to begin commercial production in the first half of 2025.

May 18, 2022

Mapped: The 10 largest gold mines in the world, by production

Together, they accounted for around 13 million ounces or 12% of global gold production in 2021.

May 18, 2022

Turquoise Hill to receive debt funding from Rio Tinto as it evaluates $2.7bn offer

Rio Tinto said it will provide interim debt funding of up to $400 million.

May 18, 2022

China CNGR expands nickel investments in Indonesia to meet EV demand

CNGR Advanced Material will invest in three new projects in Indonesia to produce nickel matte.

May 18, 2022

Column: Nickel demand boomed in 2021; this year it will be supply

Surplus or deficit? In nickel's current fractured state it could be both this year, writes Andy Home.

May 18, 2022

Asia’s two richest men reap windfall from surging oil, coal

With coal prices skyrocketing to a record, Gautam Adani's conglomerate is expanding a controversial mine in Australia to meet demand.