Canada Nickel (TSXV: CNC) has announced an initiative to consolidate and propel its exploration properties located northeast of Timmins, Ontario, with the creation of a new subsidiary.

US critical minerals developer Talon Metals (TSX: TLO) has announced the sale of a net smelter return royalty to a subsidiary of Triple Flag Precious Metals (TSX: TFPM; NYSE: TFPM) for consideration of $8 million.

Down 3.2 Percent YTD in 2024 from Same Period in 2023.

The American Iron and Steel Institute (AISI) reported that for the month of May 2024, U.S. steel mills shipped 7,431,201 net tons.

Finished Import Market Share YTD at 23%.

Finished Import Market Share YTD at 23%.

According to data from the World Steel Association analyzed by SteelRadar, electric arc furnace (EAF) accounted for 28.6% of global steel production.

French miner Eramet SA is exploring a partnership with Zhejiang Huayou Cobalt Co. to produce battery-grade nickel in Indonesia after a similar project with a European partner fell through last month.