China insight
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 |
Green metals set to attract more investment
Green metals set to attract more investment |
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 |
Zimbabwe aims to double power output by 2025 to meet mining demand
The country currently has a generating capacity of 2 000 MW but is only producing 1 400 MW due to regular breakdowns at its thermal power stations and water shortages at its main hydro plant. |
Mexican economy expected to slow in 2024 due to US uncertainty
Mexico’s economy is expected to be affected by economic problems in the US, even though Washington’s debt ceiling agreement averted a bigger disaster. |
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