Global insight
Philippines' PGMC starts shipping nickel ore to China
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Philippine nickel ore producer Global Ferronickel's (FNI) subsidiary Platinum Group Metals (PGMC) has shipped to China its first batch of nickel ore for this year's mining season. |
India's steel consumption grew by 11% year-on-year in FY 2023
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MoS (Steel) Faggan Singh Kulaste said that the demand for steel in India continues to be robust as compared to other countries. India's Steel consumption has grown over 11% to 119 million tonnes in FY 2023 from 105 million tonnes in FY 2022. |
Mako Gold Makes Manganese Discovery at Golden Korhogo Project in Côte d'Ivoire
Mako Gold makes manganese discovery at golden Korhogo Project in Côte d’Ivoire. |
Vale’s profit slumps well below forecasts
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Brazil’s Vale, one of the world’s largest miners, reported a first quarter net profit down 59% from a year earlier, far below analyst expectations, as profits were dragged down by weaker sales and lower iron ore prices. |
QPM signs binding nickel ore agreement with MKM
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A binding ore supply agreement signed between Queensland Pacific Metals Ltd (QPM) and Maï Kouaoua Mines (MKM), highlights QPM's growing presence and strength of relationships it has established in New Caledonia. |
Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons - INSG
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Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons. |
Nucor raises plate prices by $40/st
Electric arc furnace (EAF) platemaker Nucor has increased its plate prices by $40/short ton (st). |
EU steel market 'challenging': Liberty Steel
Patrik Schober, a media representative of Tameh Czech, said negotiations are "under way" between the companies, but would not comment further. |
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