Rusal boosts Asia revenue but Europe remains a key market Asia accounted for 33% of Rusal's revenue in the first six months of the year, up from 23% a year earlier. Reuters | August 11, 2023 | 5:00 am
South32 safety managers launch week-long strike Due to the strike, some parts of the Appin mine have been made non-operational. Reuters | August 10, 2023 | 6:27 pm
Newcrest profit falls nearly 11% on higher operating costs Underlying profit was $778 million for the year ended June 30, compared with $872 million a year earlier. Reuters | August 10, 2023 | 4:29 pm
Australia’s Genmin signs MoU with Chinese firm to supply iron ore products Genmin will sell and deliver 2.4 million tonnes per annum of iron ore products to Hunan Valin Steel. Reuters | August 10, 2023 | 3:50 pm
Russian aluminum in LME-registered warehouses rises to 81% in July The share of Russian origin stocks in LME-registered warehouses has been gradually rising this year. Reuters | August 10, 2023 | 8:59 am
China’s Nanfang to open major copper smelter ahead of expectations The 400,000 metric ton-per-year smelter will start processing copper concentrates within three months. Reuters | August 10, 2023 | 8:31 am
Column: China’s renewed appetite for Australian coal disrupts Asia flows For the first seven months of the year, the world's biggest coal importer saw arrivals of 261.18 million metric tons, up 88.6% from the same period in 2022. Reuters | August 10, 2023 | 8:24 am
Lithium mine auctions in China’s Sichuan draw thousands of high bids Two lithium mine auctions in Sichuan province have received nearly 7,000 bids. Reuters | August 10, 2023 | 7:34 am
China’s new state-run agency explores expanding into spot iron ore procurement A push into the spot iron ore market would expand the new state buyer's ability to secure lower prices. Reuters | August 9, 2023 | 10:31 am
Polymetal plans to sell Russian assets under sanctions in 6-9 months The company had planned to separate its Russian and Kazakh businesses. Reuters | August 9, 2023 | 10:16 am
China’s refined tin output drops 13% on-month Production at 21 smelters with a total capacity of 320,000 metric tons was at 13,428 metric tons last month. Reuters | August 9, 2023 | 7:31 am
Sweden’s H2 Green Steel lines up Vale, Rio Tinto for iron ore supply The Swedish company will use a production process known as direct reduced iron to cut CO2 emissions. Reuters | August 9, 2023 | 7:28 am
