Mining industry news reports.

Iron ore hits more than one-week high on revived hopes of China ...
iron ore market singapore
Tue, 14 Jan 2025 00:00:00 GMT
Iron ore futures rallied to their highest in more than a week on Monday, as revived hopes of more stimulus from top consumer China boosted sentiment. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) TIO1 surrendered some earlier gains to end daytime trade 1.92% higher at 768.5 yuan ($104.82) a metric ton. It hit the highest level since Jan. 3 at 772.5 yuan a ton earlier in the session. The benchmark February iron ore (SZZFG5) on the Singapore Exchange gained


Mining News - UAF professor proves it was Denali's Fault
minerals
Mon, 13 Jan 2025 11:45:00 GMT
Rejoins geological units separated by 300 miles and 52 million years; discovering a clue to Alaska's terrane wreck. The massive Pacific Plate colliding into and sliding past Alaska is causing a slow-moving terrane wreck that is pushing Denali and other Alaska Range mountains up to epic heights, enriching the state with minerals, and creating a dynamic tectonic environment that is


Litchfield confirms major mineral system in the NT
minerals
Mon, 13 Jan 2025 00:58:03 GMT
Litchfield Minerals believes its Oonagalabi project in the Northern Territory has the potential to host a major mineral


Alba and Maaden call off strategic merger talks
aluminium ksa
Mon, 13 Jan 2025 00:00:00 GMT
Alba and Maaden call off strategic merger talks On Monday, January 13, Aluminium Bahrain B.S.C. (Alba) updated that its strategic merger discussion with Saudi Arabian Mining Company (Ma'aden) is no longer in action after being decided mutually. Ma'aden also said the same in its filing to Tadawul, adding that it would keep looking for growth oppor ... AL Circle Primary Aluminium 13 Jan


Mining waste alchemy: Transforming tailings into valuable metals
magnesium metals
Sun, 12 Jan 2025 00:00:00 GMT
Mining waste alchemy: Transforming tailings into valuable metals New research highlights a breakthrough in recovering valuable metals like magnesium and other metals from mine waste using acid-producing bacteria. According to researcher Nathan van Wyk, this innovative approach is promising to reduce environmental pollution, extend mines' operational lifespans, an ... AL Circle Sustainability 12 Jan


Dalian iron ore rebounds on Chinese stimulus, growing seasonal ...
iron ore market singapore
Fri, 10 Jan 2025 00:00:00 GMT
Dalian iron ore futures prices snapped a four-day losing streak on Thursday, aided by Chinas latest stimulus measure and accelerated purchases by steel mills. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.53% higher at 754.50 yuan ($102.91) a metric ton. The benchmark February iron ore (SZZFG5) on the Singapore Exchange closed 0.78% higher at $97.20 a ton. Top consumer China has expanded the scope of a consumer goods trade-in scheme


Dextra Group and Normet International sign MOU to advance sustainable ...
steel usa
Fri, 10 Jan 2025 00:00:00 GMT
Dextra and Normet aim to expand the application of FRP in underground mining and tunneling. GLOBAL, CA, UNITED STATES, January 10, 2025 /EINPresswire.com/ -- Dextra, the leading manufacturer of engineered steel and fibre-reinforced polymer


Fortescue and Baowu join forces to decarbonize ...
china fmg ghg iron ore
Thu, 09 Jan 2025 08:22:00 GMT
Australia’s Fortescue, the world’s fourth-largest iron ore supplier, and Baowu Resources, a subsidiary of the world’s largest steelmaker China Baowu Steel Group, have signed a memorandum of understanding decarbonizing the global steel industry. It is reported by Reuters - . We are committed to creating a green iron supply chain. The partnership with China Baowu will help … The post Fortescue and Baowu join forces to decarbonize the steel industry appeared first on


Uzbekistan: NGMK produces goods worth 93.9 trillion sums in 2024
investment uzbekistan
Wed, 08 Jan 2025 00:00:00 GMT
Navoi Mining and Metallurgical Company (NGMK) produced goods worth 93.9 trillion sums in 2024, representing a 5.3% increase compared to 2023. The enterprise contributed 57.5 trillion sums in taxes and dividends to Uzbekistans state budget. Under its investment program, NGMK invested $790 million, leading to the creation of 715 new jobs. Additionally, within the


Ukraine: UDP ships first ore caravan under new contract
iron ore trade ukraine
Wed, 08 Jan 2025 00:00:00 GMT
Ukrainian Danube Shipping Company PrJSC has sent 10 thousand tons of iron ore raw materials for export in the new year. Were shipping our first caravan to Serbia this year comprising the Kapitan Antypov and 5 barges. Thats almost 10 thousand tons of iron ore raw materials. The new contract is 30% bigger that


Number of news reports: 10
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