October 22, 2018

Ford sees higher metal costs, hopes China and US can settle trade issues

U.S. steel costs are higher than anywhere else in the world, they're certainly up year over year and they're up versus what we were expecting - Joe Hinrichs, Ford VP

October 22, 2018

Strike at Shougang’s iron ore mine in Peru halts exports-manager

Some 800 workers, including at the port San Juan de Marcona, have taken part in the indefinite strike after negotiations over a new contract broke down.

October 22, 2018

China’s winter pollution cuts may boost high-grade iron ore

The logic is sound: If steel mills are given pollution restrictions, they will use the best possible quality iron ore to maximise the amount of steel produced relative to the…

October 22, 2018

Nutrien says SQM top shareholder seeking to block Tianqi deal for ‘personal benefit’

Nutrien’s executive vice-president Michael Webb, described Julio Ponce, the Chilean miner’s top shareholder and former chairman, as a “hypocrite” and urged him to “look beyond himself."

October 22, 2018

Glencore boss Ivan Glasenberg to retire in 3-5 years — report

He is said to have already begun training three to four people to succeed him in the job.

October 21, 2018

Boom in EV batteries helps suppliers older than Ford’s Model T

Brazil's Vale expects the EV revolution to boost battery market nickel demand to as much as 700,000 tons in 2025, from just 36,000 tons this year.

October 21, 2018

Chinese rescuers race to save workers trapped in mine accident -Xinhua

A rock burst at around 11 p.m. on Saturday destroyed part of a water drainage tunnel in a coal mine.

October 19, 2018

NMC batteries dominating EV – sales to reach 63% of global market

NMC cathodes currently account for nearly 28% of global EV sales, forecast to grow to 63% by 2027.

October 19, 2018

China Sept coal output hits 9-month high as new capacity starts up

China ready to bring on the heat as the official heating season starts on Nov. 15.

October 19, 2018

Slower orders for Atlas Copco spooks industry rivals too

Atlas Copco’s shares fell 9 percent at 1149 GMT, dragging Nordic industrial peers such as Sandvik and SKF lower, and also hitting German vacuum gear rival Pfeiffer Vacuum.