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Brazilian mining giant Vale said on Thursday that an asset review initiative and investments in the key Sudbury and Salobo plants might lead to growth in its 2026 copper and nickel output when compared to its baseline scenario.

Brazilian miner Vale expects to reach a deal in the coming days with northern Para state to resume activities at its Onca Puma nickel mine, the firm said in a statement on Thursday.

The export volume of Calcium Metal reached 13075.895 tons from January to May in 2024.

The export volume of Calcium Metal reached 3137.247 tons in May 2024, increased by 489.308 tons, or 18.5% MoM.

The American Iron and Steel Institute (AISI) announced the release of its 2023 Annual Statistical Report (ASR), which provides comprehensive data on the American steel industry and select data on the North American steel industry as a whole.

A comparison of shipments year-to-date in 2024 to the first four months of 2023 shows the following changes: cold rolled sheet, up 4 percent, corrosion resistant steel, down 2 percent and hot rolled steel, down 2 percent.

Cornish Metals has signed a binding letter of agreement to sell its 100% interest in the Nickel King and Opescal Lake properties (together called Nickel King Property) to Northera Resources for a total consideration of up to C$8m ($5.8m).

Pig iron, also referred to as crude iron, is an intermediate product used in the iron industry for steel production. It is created by smelting iron ore in a blast furnace.