December 12, 2017

Russia’s TMK sees steel pipe sales rising to 4.3m tonnes in 2018

Last year, TMK, controlled by businessman Dmitry Pumpyansky, sold 3.4 million tonnes of its steel pipes.

December 12, 2017

ArcelorMittal coal miners widen strike in Kazakhstan

A sit-in by miners of ArcelorMittal's Kazakh unit widened to all of the firm's coal mines on Tuesday as hundreds of workers demanded a 100 percent wage rise.

December 12, 2017

Glencore sees 2018 zinc output steady at around 1 million tonnes

Glencore said on Tuesday it expected zinc output to fall slightly in 2018 to around 1.09 million tonnes versus 1.1 million tonnes this year.

December 12, 2017

Glencore’s marketing division EBIT to come in at top of range

The company also confirmed its 2018 dividend policy would include a fixed dividend of $1bn and said it would reactivate idled capacity "when appropriate".

December 11, 2017

US Senate Chairman presses nuclear regulators on uranium exports by US firm owned by Russia

Senator John Barrasso is expanding a 2010 investigation into the Obama administration’s approval of the sale of Uranium One’s uranium recovery facilities to the Russian state-owned firm Atomredmetzoloto.

December 11, 2017

State leader named to board of main ThyssenKrupp shareholder

The election for a seven-year term of Armin Laschet comes as ThyssenKrupp seeks to diversify away from its traditional focus on steel.

December 11, 2017

ArcelorMittal miners stage sit-in at four Kazakh coal mines

About 200 coal miners in Kazakhstan refused to leave four mines operated by a unit of ArcelorMittal at the end of their shift on Monday and staged a sit-in.

December 8, 2017

Glencore says signs labor pacts at most of its Australian coal mines

These new labor agreements with workers at 13 of its coal mines in Australia end months of negotiations over wages and benefits.

December 8, 2017

Mongolian Gov’t can’t nationalize Erdenet Copper Mine — court

Erdenet, which produces 530,000 tons of ore annually, is one of Asia’s biggest copper and molybdenum mines and a top tax contributor to the country’s $12 billion economy.

December 7, 2017

Vedanta’s Zambian arm to set up new processing plants

Vedanta Resources said Thursday its Zambian subsidiary KCM plans to set up new copper smelter, cobalt refinery and more under a $1 bln investment programme.