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Global insight

China's increasingly strict control on steel production is hard to prevent Australian iron ore prices from rising again

As tensions between China and Australia intensify, Australian iron ore has been delayed, indicating that China's steel industry still has strong demand for it.

Friday, March 26, 2021

Africa urged to update vision for unlocking development from mineral resources

Africa’s extractive industry can support the continent’s resilience and sustainable growth during and beyond the ongoing Covid-19 pandemic.

Friday, March 26, 2021

Sundance refers iron-ore dispute with Congo Republic to arbitration

Australia's Sundance Resources said on Thursday it had referred its dispute with Congo Republic over the Nabeba iron ore project to arbitration in London, where it is seeking $8.76-billion in damages.

Friday, March 26, 2021

South Africa’s updated climate pledge to be released for comment after Cabinet approves NDC draft

South Africa’s Cabinet has approved the country’s updated draft Nationally Determined Contribution (NDC) in response to climate change, which will be released for public consultation next week.

Friday, March 26, 2021

Global tungsten market to face ‘several headwinds’ in the coming years

Analysis by London-based consultancy Roskill claims that as a result of high influence from China, prices of the silvery-white metal have experienced "considerable turbulence" over the past few years.

Friday, March 26, 2021

Progress of Suez Canal blockage: rescue work suspended until Thursday, waiting for heavy equipment to enter

According to a number of media reports, the rescue work for the ever given giant container freighter stranded in the Suez Canal has been suspended and is expected to resume in the morning of Thursday, Egypt local time.

Thursday, March 25, 2021

UEX's sales of single stainless steel in the first three quarters of fiscal year 2020 in Japan decreased by about 19.4%

According to the consolidated performance report released by UEX Co., Ltd., a well-known Japanese stainless steel processing retailer, in the first three quarters of fiscal year 2020 (April December 2020).

Thursday, March 25, 2021

Lift the ban on nickel ore export! Indonesia allowed ore export

According to MiningWeekly, Indonesia allow to export unprocessed ore.

Thursday, March 25, 2021