Asia Top Stories

Demand for steel alloys grows as the energy transition gains momentum

Global stainless steel melt production is expected to be about 62 million tonnes (Mt) in 2022, rising to 90 Mt by 2050.

Wood Mackenzie | May 24, 2022 | 11:56 am

Coal India to open big, new mine this year to fight power crisis

Production would initially start in the October to December quarter…

Reuters | May 24, 2022 | 10:27 am

India’s top mining, steel groups warn of adverse impact from export duty hikes

The government announced on Saturday that export tariffs on new…

Reuters | May 24, 2022 | 8:04 am

Indian steelmakers face hit on Europe deals over export tax

Indian steel firms could be forced to cancel European orders…

Reuters | May 22, 2022 | 10:01 am

Hyundai Motor Group to invest $5.5 billion to build EV and battery facilities in US

Hyundai will break ground on its new facility in Georgia…

Reuters | May 20, 2022 | 12:35 pm

China’s August nickel ore imports from Indonesia surge 26.5% ahead of ban

That sent benchmark London nickel prices CMNI3 to their highest in almost five years.

Reuters | January 31, 2020 | 11:33 am

Newcrest divests Gosowong for $60 million

The move comes after the government issued a mandate in 2018 stating that major mines have to be at least 51% owned by Indonesian companies.

Amanda Stutt | January 31, 2020 | 10:53 am

Lynas to build permanent waste treatment plant in Malaysia’s Pahang

The Malaysian state has approved Lynas' plan to build facility there, after it fulfilled one of the conditions for continuing its operations in the country.

Cecilia Jamasmie | January 30, 2020 | 3:56 am

Gold price: India suffers demand shock

Indian gold supply for domestic consumption fell 62% in second half of 2019, Refinitiv reports.

Frik Els | January 29, 2020 | 12:52 pm

The horse breeder, the novelist and the $60 billion mine

John Kuhns sights are now set on an abandoned mine with an estimated $60 billion of gold and copper.

Bloomberg News | January 28, 2020 | 9:15 am

Freeport shares dented by output drop, higher 2020 spending

The US miner has spent billions in the switch from a depleting open pit and to develop a coexisting underground mine.

Reuters | January 24, 2020 | 10:48 am

Centerra receives permits to re-start mining at Kumtor

Open pit mining is ramping up with full production rates expected in the next few days.

Canadian Mining Journal Staff | January 23, 2020 | 4:17 pm

Indonesia’s state miner agrees on price scheme to acquire Vale unit

Mining Industry Indonesia will use the average stock price for the past 12 months to acquire a 20% stake in Vale Indonesia.

Reuters | January 22, 2020 | 9:15 am

Japan’s top smelter says rising supply to push down zinc prices

The metal used in construction and automobiles will likely average $2,300 a ton in the year starting April 1.

Bloomberg News | January 21, 2020 | 4:25 pm

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