Global insight
Implats says metal output “at lower end” as loses refining capacity to Eskom curtailments
IMPALA Platinum (Implats) said refined platinum group metal (PGM) production would come in at the lower end of its three to 3.15 million ounce forecast for the 2023 financial year ended June 30 largely owing to power interruptions. |
India's Britannia Industries Q4 profit tops view on strong demand
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Indian bread and biscuits maker Britannia Industries Ltd on Friday reported a bigger-than-expected 47% jump in quarterly profit as strong demand and past price hikes helped expand margins. |
Indonesia to prioritize domestic MHP production
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Speaking on Tuesday, May 2, at Fastmarkets’ Asian Battery Raw Materials Conference in Singapore, deputy of investment and mining coordination Septian Hario Seto said the Indonesian government was “not going to be issuing any new permits for NPI smelters in I... |
Nickel faces huge supply glut as Indonesian output booms
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The nickel market is facing a massive supply glut this year as surging Indonesian production continues to outpace global demand. |
Leeuwin Metals prepares to set sail with drilling at William Lake Nickel Project in Canada
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Critical metals explorer Leeuwin Metals (ASX:LM1) has proposed a maiden diamond drilling program to begin this quarter within the W56 target area at the William Lake Nickel Project in Manitoba, Canada. |
Wyloo extends offer period of Mincor takeover
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Mining exploration company Wyloo Metals has extended the offer period for its on-market takeover bid for all of nickel producer Mincor Resources' shares. |
BHP to continue investment, enhance local cooperation for green opportunities
"We expect more cooperation with China in the years to come to facilitate its accelerated energy transition, continued economic development and improvement in living standards." |
Vietnam's steel market may recover by end of 2023
All these factors will support a surge in steel consumption in the third and fourth quarters of this year, the VSA added. |
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