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STEELPOORTDRIFT VANADIUM PROJECT UPDATE

Surge in Chinas steel production marks biggest monthly rise in over a year

After the festival, calcium metal market supply and demand are in a relatively stalemate situation.

Zimbabwe’s ferrochrome miners, the nation’s biggest electricity consumers, have agreed to build their own power plants over the next two years as the government seeks to balance energy demand.

Global nickel prices may have hit a floor, according to a Macquarie analyst who sees a market recovery driven by strong demand from the steel sector and as a surplus of ore supplies shrinks after Indonesia slowed production permits.

The Smederevo steel plant in Serbia, once on the verge of closure, was revitalized by a 2016 partnership between China's HBIS Group and the Serbian government under the Belt and Road Initiative.

South Korea has struck deals with Kazakhstan to allow its firms to explore for critical minerals in the Central Asian state, it said on Wednesday, as the home to major chip producers and leading carmaker Hyundai moves to diversify its supply chains.

New Caledonia’s nickel processing industry remains at a virtual standstill after weeks of unrest in the southern Pacific territory, with Eramet-owned SLN keeping its smelter at minimum capacity and Prony Resources halting its plant.