Iron ore prices are likely to drop to $115/dry mt CFR China this year, lower than Q1's $120.68/dmt average, forcing as much as 70-80 million mt/year of high-cost Chinese supplies to shut, Standard Bank said Monday. Iron ore reference ...
Tags: Iron Ore, iron ore demand
Association Connecting Electronics Industries, recently published IPC-1755, Conflict Minerals Data Exchange Standard, to help suppliers and their customers effectively facilitate conflict minerals data exchange along the entire global ...
Tags: Electrical, Electronics
Johannesburg-listed Keaton Energy produced 2.19 million mt of thermal coal from its Vanggatfontein Colliery in the financial year ended March 31, up 45% on the year, according to its production update released Wednesday. It said all the ...
Tags: Keaton Energy, Thermal Coal, coal sales
The price of zinc could get up to $4,500/mt by the end of the decade as supply is outstripped by increasing demand, CRU analyst Helen O'Cleary said Monday. The analyst -- speaking at the Metal Events 6th International Zinc conference in ...
Tags: Zinc, increasing demand, CRU analyst
Colombian exports of ferronickel, a processed metal used in the manufacture of stainless steel, totaled 10,516 mt in February, up 46.3% from the 7,187 mt shipped in February 2013. The month's export volume, however, was down 18.1% from ...
Tags: ferronickel, stainless steel, Cerro Matoso
Refined global zinc usage is to increase 4.5% this year to 13.58 million mt, the International Lead & Zinc Study Group said Thursday. "It is anticipated that, after having risen by 4.9% in 2013, world usage of refined zinc metal will ...
Tags: Zinc, Metallurgy, Mineral, Zinc mine
A settlement announced today by the U.S. Environmental Protection Agency and the U.S. Department of Justice secured approximately $1 billion in funds to clean up 10 percent of abandoned uranium mines on the Navajo Nation. The funds, going ...
Tags: EPA, Certificatiion
Global copper supply is expected to remain in surplus in 2014 and continue to exert downward pressure on prices, Australia's Bureau of Resources and Energy Economics forecast in its March quarter report. "Although consumption is forecast ...
Tags: Copper, copper supply, Copper prices
Molybdenum oxide prices continued their rally on Friday, reaching a nine-month high, although some participants believe the market may be poised for a period of consolidation in the first half of April. The Platts daily dealer molybdenum ...
Tags: Moly Oxide, oxide powder, steel mills
Australia's nickel mine production is set to fall 11% year on year to 215,000 mt in the current 2013-14 fiscal year and refined nickel production to rise 2.2% to 138,000 mt, the country's Bureau of Resources and Energy Economics forecast in ...
Tags: Nickel Output, nickel mine, nickel exports
Australian coking coal producer Beacon Hill Resources has announced its interim results for 2013, reporting a net loss of $19.24 million, narrowing down from the net loss of $45.13 million in the previous year. The company's revenues ...
Tags: Coking Coal, Beacon Hill Resources
Australian miner Fortescue has announced that it has officially opened its 40 million mt per year Kings Valley iron ore mine in its Solomon Hub in the Pilbara region, Western Australia, marking the completion of the $9.2 billion expansion ...
Tags: Iron Ore Mine, miner, Fortescue
The World Trade Organization has ruled in favour of the US, Europe and Japan in a dispute with China over its export restrictions on rare earth. China's rare earth industry – responsible for almost 90% of global output – ...
Tags: Rare Earth, rare earth export
Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
Australia's New Hope Corporation Tuesday reported an 11.3% year-on-year fall in thermal coal production to 2.7 million mt in the half year ended January 31. The drop in production was attributed to the planned closure of its New Oakleigh ...