Feralpi Group intends to invest over 220 million euros in decarbonization over the next few years to focus on green steel production at its Riesa facility, generating around 900 industrial jobs.
The Baptiste nickel project is located in central British Columbia and is being developed by FPXNickel, a nickel mining company based in Vancouver, Canada.
The venture’s fruition highlights Baowu's commitment to expanding its iron ore operations in strategic locations. The loading and dispatch of the bulk carrier denote the operational readiness and successful commissioning of the Bomi project.
It's essential to note that import permit data reflect tonnages requested in import licenses, potentially differing from actual import volumes. Preliminary estimates for December's actual import volumes will be available later this month.
Initiated in 2019, the global call for Expressions of Interest (EoIs) failed to garner substantial interest from potential buyers, resulting in the annulment of the sale.