Global insight

Iron ore price in India drops 20% due to sluggish steel demand

After India imposed a high export tariff, the iron ore price in Orissa plummeted by nearly 20% in the auction due to the sluggish domestic steel demand in India.

Thursday, June 9, 2022

Increased efficiency cuts carbon, advances net-zero path, research finds

Increased efficiency cuts carbon, advances net-zero path, research finds

Thursday, June 9, 2022

Giyani Announces Confirmation of High Grade Intersections at its Otse Prospect

Giyani Announces Confirmation of High Grade Intersections at its Otse Prospect

Thursday, June 9, 2022

Hyundai Steel's net profit increase 122% year-on-year in Q1 2022

Hyundai Steel's net profit increase 122% year-on-year in Q1 2022.

Wednesday, June 8, 2022

Australian Vanadium completes initial stratigraphic drilling at Coates Nickel-Copper-PGE Project

Australian Vanadium completes initial stratigraphic drilling at Coates Nickel-Copper-PGE Project

Wednesday, June 8, 2022

Yankuang Energy says open to buying rest of Yancoal Australia

China's Yankuang Energy said on Tuesday that it was open to negotiations to buy the remaining shares in its majority-owned unit Yancoal Australia, after the Australian coal firm rejected a $1.8-billion offer.

Wednesday, June 8, 2022

Rio targets green steel in Germany

Diversified miner Rio Tinto has inked a memorandum of understanding (MoU) with Germany’s Salzgitter Group to study the optimisation of Rio’s Australian and Canadian iron-ore products for use in a green steel project, in Germany.

Wednesday, June 8, 2022

Gas and coal both required to stymie energy crunch, says Australia's King

Newly appointed Resources Minister Madeleine King is looking at Australian gas producers to increase supply to domestic markets, but has also noted that coal-fired power stations would be essential to combat Australia’s energy crunch in the short term.

Wednesday, June 8, 2022
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