China insight
Mercedes-Benz AG and H2 Green Steel secure supply deal and an MoU to establish North American supply chain
June 7, 2023 – Mercedes-Benz signed a supply agreement with Swedish start-up H2 Green Steel (H2GS) over approximately 50,000 tonnes almost CO2-free steel per year for its European press shops and deepened its partnership through a Memorandum of Understanding ... |
Black Swan gets nickel resource upgrade
Poseidon Nickel’s Black Swan project in Western Australia has reported a 14 per cent increase in its average nickel grade.Compared to the 2022 Black Swan disseminated mineral resource, the project has reported a 48 per cent increase in the contained nickel in... |
Glencore sells copper mine for $US1.1 billion
Coal miner Glencore will sell its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC). |
Iron ore price forecast slashed by 18 per cent
Global investment management firm Goldman Sachs has slashed its iron ore price forecast by 18 per cent, citing weakened global demand. |
Global nickel smelting activity declined in May
In nickel, the global dispersion index fell to 41.8 in May from 43.3 in April despite gains in China. A measure of 50 points indicates that smelters are operating at the average level of the past 12 months. |
The World Bank is betting on this company to ‘green’ the $1.6 trillion steel industry — take a look inside
The World Bank is betting on this company to ‘green’ the $1.6 trillion steel industry — take a look inside |
Russian Railways: freight loading volumes from January to May 2023 amounted to 517.6 million tons
Russian Railways: freight loading volumes from January to May 2023 amounted to 517.6 million tons |
Green metals set to attract more investment
Green metals set to attract more investment |
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