Global green steel opportunity for Western Australia

After selling its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC) for $US1.1 billion ($1.64 billion) earlier this month, Glencore and MAC have officially closed the sale.

China’s EV sales rose by 60.2% year on year to 717,000 units in May. Cold rolled steel (CRC) prices rise from six-month low.

Base metals developer Centaurus Metals has reached an agreement with Vale Base Metals to acquire all of the offtake rights for the nickel products from its Jaguar project, in Brazil, in exchange for an increase in Vale’s net operating royalty over the project...

Jindal Stainless Ltd (JSL) on Thursday said it has roped in France-based Dassault Systemes to manage "end-to-end" production and operational functions at its Hisar and Jajpur units.

Lithium is a key material for electric-car batteries.

United Kingdom resources firm, Contango Holdings Plc commenced production of coking coal at its Lubu Project in Matabeleland North at the back of heightened demand for the product on the local market.

Indonesia and the US are discussing the facilitation of Indonesian nickel products exports to the US through the Indo-Pacific Economic Framework.