A new low-carbon ferrochrome project has commenced trial operations at SOHAR Freezone, bolstering Oman’s credentials as a regional ferrochrome production powerhouse.
Rio Tinto CEO Jakob Stausholm told the Financial Times on Wednesday that the company’s board has given the green light to the Simandou mining project in West Africa.
In a testament to its growing stature as an industrial hub, Samail Industrial City, overseen by Oman's Public Establishment for Industrial Estates , has achieved remarkable milestones in 2023.
Glencore Plc-backed Horizonte Minerals Plc is warning that it needs a whole new financing package to restart a nickel project in northern Brazil after a review revealed the mine will cost 87% more than thought.
Saeed Al-Rumaithi said steel demand in the second largest Arab economy grew from around 2.13 million tonnes in 2022 to about 2.5 million tonnes in 2023.