June 26, 2018

China’s Zhejiang Yongjin to launch $276m stainless steel project

The project is scheduled to launch by the end of 2020, producing high-quality stainless steel strips with an annual capacity of 680,000 tonnes.

June 25, 2018

Jindal Steel South Africa units file for business protection

South African units of Jindal Steel & Power Ltd. filed for a local form of bankruptcy protection known as business rescue this month.

June 25, 2018

Lithium demand from battery makers to almost double by 2027

Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.

June 24, 2018

S.Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader

POSCO was privatised in 2000, but chief executives have previously been replaced when a new administration takes office.

June 22, 2018

Resurgent coal exporters should be wary of blinkered optimism: Russell

Coal miners supplying Asia's rapidly growing economies have plenty to be optimistic about as prices and demand appear robust, but they should be wary.

June 22, 2018

Centerra delays completion of deal over Kumtor mine as Kyrgyz PM mull revisions

Deadline for fulfillment of all conditions included in agreement with the Kyrgyz government, which would end all disputes over the firm’s Kumtor gold mine, has been pushed back about a…

June 21, 2018

Global copper output up 7.1 pct in first three months of 2018

Miners around the globe produced 330,000 more tonnes of copper between January and March this year than in the same period of 2017, helped by higher production in world’s leader…

June 21, 2018

Japan launches WTO complaint over S.Korea steel duties

Japan has launched a complaint at the World Trade Organization to challenge South Korean anti-dumping duties on Japanese stainless steel bars.

June 21, 2018

More than 20 Philippine mines pass govt review, 4 fail — official

The panel reviewed the 27 mines in the world's No. 2 nickel ore supplier that former Environment and Natural Resources Secretary Regina Lopez ordered closed or suspended last year.

June 21, 2018

Newmont sells stake in Yanacocha gold mine to Japan’s Sumitomo for $48 million

Sumitomo’s move comes as Japanese trading companies have been grabbing assets and increasing their stakes on a few of them thanks higher commodities prices, which have boosted their profits.