Steelmaking raw material news.

IMIDRO reports 53% surge in exploratory drilling by late Dec. ...
imidro investment iran
Fri, 17 Jan 2025 12:00:03 GMT
TEHRAN The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) has reported a significan't increase in exploratory drilling and investment calls during the first nine months of the current Iranian calendar year (March 20-December 20,


Iron ore hits four-week high on lower shipments, softer dollar
iron ore market usa
Fri, 17 Jan 2025 00:00:00 GMT
Prices of iron ore futures climbed to a four-week high on Thursday, supported by reduced shipments from a major producer and growing expectations of further rate cuts by the Federal Reserve following cooler-than-expected U.S. inflation data. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 1.92% higher at 797 yuan ($108.71) a metric ton, its highest since Dec. 18, 2024. The benchmark February iron ore (SZZFG5) on the Singapore Exchange


Novelis: First US-based aluminium manufacturer to bag the Sustainability ...
aluminium ghg
Fri, 17 Jan 2025 00:00:00 GMT
Novelis: First US-based aluminium manufacturer to bag the Sustainability Lighthouse honour Novelis, the world's largest recycler of aluminium, has been a driving force in advancing circularity and decarbonising the aluminium industry to foster a more sustainable future. This week, Novelis' Uhrichsville plant achieved a significan't milestone by being recognised as a Sustainability Lighthou ... AL Circle Sustainability 17 Jan


Rio Tinto sends a China warning amid property crisis
china market rio
Thu, 16 Jan 2025 00:00:00 GMT
Mining giant Rio Tinto has warned Chinas crisis-stricken property market poses an ongoing threat to Australias most valuable export, iron


Rio Tinto, Glencore in M&A talks: Bloomberg
australia rio
Thu, 16 Jan 2025 00:00:00 GMT
Rio Tinto (NYSE, LSE, ASX: RIO) and Glencore (LSE GLEN) have been discussing combining their businesses, according to people familiar with the matter, Bloomberg reported. The Australian mining giant


Iron ore near two-week high on strong China data, U.S. tariff ...
iron ore politics usa
Thu, 16 Jan 2025 00:00:00 GMT
Iron ore futures extended gains on Wednesday, aided by Chinas better-than-expected credit data but the rise was capped by fears of escalating trade tensions after U.S. President-elect Donald Trump takes office next week. Trump has pledged to impose a 60% tariff on Chinese goods. The most-traded May iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.71% higher at 782.5 yuan ($106.73) a metric ton, after hitting the highest since Jan. 2 at 787.5 yuan a ton


From production to recycling: the aluminium industry and its ...
aluminium ghg metals production
Thu, 16 Jan 2025 00:00:00 GMT
From production to recycling: the aluminium industry and its impact on net zero goals As the UK accelerates towards its net zero targets, the aluminium industry is proving to be a critical player in the drive to reduce carbon emissions and build a sustainable future. With its crucial role in both the production and recycling of one of the most versatile metals, the UK aluminium indus ... Press Release Sustainability 16 Jan


World-class rare earths project boosts resource
metals
Wed, 15 Jan 2025 23:43:03 GMT
Victory Metals has updated the mineral resource estimate (MRE) for its North Stanmore heavy rare earth elements (HREE) project in Western


Rio Tinto rides copper wave
copper production rio
Wed, 15 Jan 2025 23:43:03 GMT
Rio Tinto enjoyed a significan't boost to copper production in the fourth quarter (Q4) of 2024 due to strong progress made at the Oyu Tolgoi underground copper mine in


Mining News - Dolly Varden extends Wolf silver deposit
results uk
Wed, 15 Jan 2025 17:37:00 GMT
Continues to trace the Wolf vein toward Torbrit, the largest silver deposit at Kitsault Valley. Dolly Varden Silver Corp. Jan. 7 reported results from drilling that continue to trace the Wolf deposit toward Torbrit, the largest silver deposit identified so far on the company's Kitsault Valley project in Northern British Columbia. Lying about 25 miles (40 kilometers) southeast of


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