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SA chrome, coal exporters may see costs rise due to Mozambique border closure

There are persistent risks to South Africa’s mining sector profitability from elevated electricity costs and possibly higher transport costs, as coal and chrome exporters switch to longer and more expensive routes due to the unrest in Mozambique that resulted...

Thursday, December 19, 2024

Nippon Steel and Sojitz to acquire 49% in Champion Iron project

Japanese steelmaker Nippon Steel and trading house Sojitz will acquire a 49% stake in Champion Iron’s Canadian iron ore project for $152 million. It is reported by Reuters.

Thursday, December 19, 2024

Global coal consumption expected to hit record high in 2024, IEA says

Global coal demand is forecast to be 8.77 billion tonnes in 2024

Thursday, December 19, 2024

BHP says Australian South Flank iron-ore operations resume after weekend pause

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since resumed.

Wednesday, December 18, 2024

Production exceeds target, PPA pursues the second-largest position in Indonesia

Mining contractor PT Putra Perkasa Abadi (PPA) recorded an overburden material production (removal of soil covering coal) of 303.36 million bank cubic meters (BCM) from January to November 2024, exceeding the target set for November of 296.15 million BCM.

Wednesday, December 18, 2024

BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant.

Wednesday, December 18, 2024

First Nation TTN invests in Canada Nickel

First Nation Taykwa Tagamou Nation (TTN) will invest $20-million of its capital in TSX-V-listed Canada Nickel Company for an 8.4% interest in the nickel company.

Tuesday, December 17, 2024

Brazilian miner Vale invests in US startup as part of decarbonisation push

Vale Ventures, the corporate venture capital initiative of Brazilian miner Vale, said on Thursday it has invested in a Boston-based startup focused on developing solutions to decarbonise heat generation.

Tuesday, December 17, 2024
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