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[Ferro-Alloys.com] Fortescue Metals Group (FMG) has announced a 1.16-billion-ton of mineral resource addition to its Greater Solomon following an exploration program.

Germany's largest bank, Deutsche Bank AG, has declared it will not finance a controversial coal port expansion in Australia near the Great Barrier Reef, responding to calls from green groups and tourism operators.

China has signed a series of energy deals with Russia that will ensure secure supplies for the world's second-largest economy.

Though the rate of coal mine accidents in China has declined over the past decade, more coal mines will be shuttered, a senior work safety official said on Thursday.

[Ferro-Alloys.com] According to Stainless Steel Council of China Special Steel Enterprises Association (CSSC), China produced 5.084 million tons of stainless steel in Q1 2014, an increase of 15.42% compared to 2013.

[Ferro-Alloys.com] According to Peru’s Southern Copper, the company’s copper production is estimated at 800,000 tons in 2014, up from 670,000 tons last year.

According to the data from Japan Iron and Steel Federation (JISF), Japan’s crude steel output dropped by 2.5% to 8.93 million tons in April compared to the same month a year earlier.

During the first quarter, Brazil’s iron ore exports hit 71.8 million tons, up by 5.7% compared to the same period of last year. The export price was averaged at US$98.4/ton, dropping by 2.9% from the corresponding period a year ago.