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Press Office - Weba Chute Systems & Solutions

ArcelorMittal drops as Kazakh nationalisation looms after fire
30th October 2023 By: Bloomberg

ArcelorMittal shares fell 5% after the Kazakh government announced plans to take over the company’s operations in the country following its worst mining accident in recent history. At least 45... 


Iron-ore climbs to five-week high after Vale flags upside risks
30th October 2023 By: Bloomberg

Iron-ore rallied to the highest level in more than five weeks, extending its rebound on hopes for stronger Chinese demand. Futures in Singapore advanced as much as 1.9% to $121.95 a ton, before... 


Copycat Chinese lithium firms back Nigerian processing plant
27th October 2023 By: Bloomberg

Nigeria’s first lithium-processing plant launched to great fanfare this month with the backing of three companies that, at first glance, look a lot like heavyweights of China’s battery-metals... 


Elmore’s third magnetite shipment sets sail for China
27th October 2023 By: Creamer Media Reporter

ASX-listed Elmore’s third shipment of magnetite concentrate has departed from the Port of Darwin, the company reported on Friday. The shipment of 30 000 wet metric tonnes is sailing to China to be... 


BHP Australia iron-ore rail workers approve industrial action plans - ballot results
27th October 2023 By: Reuters

Nearly 350 BHP iron-ore rail workers in Australia, including train drivers, have approved industrial action plans that could include work stoppages of up to 24 hours due to disputes over pay and... 


Vale unveils $4bn in dividends, buyback programme to reward investors
Vale unveils $4bn in dividends, buyback programme to reward investors
27th October 2023 By: Bloomberg

Vale said it will reward investors with payouts and a new share buyback program as the Brazilian iron-ore and nickel giant vies to appease shareholders concerned by softening Chinese demand. The... 


Welborn steps down as Equatorial MD and CEO
27th October 2023 By: Creamer Media Reporter

John Welborn will step down as MD and CEO of Australia-based Equatorial Resources in late November, the company reported on Friday. Equatorial notes that Welborn will remain in his role as... 


Vale's third-quarter profit slips but beats expectations
Vale's third-quarter profit slips but beats expectations
27th October 2023 By: Reuters

Brazilian miner Vale reported on Thursday a 36% year-on-year decline in third-quarter net profit, landing above analyst estimates. Vale, one of the world's largest iron ore miners, reported profit... 


Genmin enters into MoU with Baowu for potential offtake of green iron-ore from Gabon
26th October 2023 By: Creamer Media Reporter

ASX-listed emerging African iron-ore producer Genmin has signed a nonbinding memorandum of understanding (MoU) with Baosteel Resources, a subsidiary of steel producer Baowu Resources, for the... 


Solid quarter for Fortescue Metals
Solid quarter for Fortescue Metals
26th October 2023 By: Mariaan Webb

Iron-ore major Fortescue Metals has delivered a “solid quarter”, with shipments of 49.5-million tonnes contributing to the milestone of two-billion tonnes shipped since the company started... 


MinRes lithium production up
25th October 2023 By: Creamer Media Reporter

Diversified miner Mineral Resources (MinRes) on Wednesday reported record quarterly spodumene concentrate production of 45 000 dry metric tonnes from the 40%-owned Wodgina project, near Port... 


Teck’s copper mine cost blowout shows challenges facing industry
Teck’s copper mine cost blowout shows challenges facing industry
25th October 2023 By: Bloomberg

Rising costs to build Teck Resources’ flagship copper project in Chile shows how the mining industry is struggling to expand supply on budget and on time when the world faces a looming shortage of... 


Anglo American reports third-quarter production.
Anglo: copper production up, rough diamond production down
24th October 2023 By: Martin Creamer

The copper production of diversified mining company Anglo American increased by 42% in the third quarter owing to the ramping up of the new Quellaveco copper mine in Peru. However, this was offset... 


Saldanha Bay Transnet port terminal.
Anglo’s Kumba achieves iron-ore prices above benchmark in third quarter
24th October 2023 By: Martin Creamer

Iron-ore prices strengthened during the third quarter of this year despite a 7% increase in global iron-ore supply and thin steel mill margins. Steel production in China has In the year to date... 


The solar farm at Gudai-darri
In Australia's outback, Rio Tinto prepares for a low carbon future
24th October 2023 By: Reuters

In the red, dusty outback of the Pilbara in Western Australia, the world's biggest iron ore miner Rio Tinto is preparing for a low carbon future as it maps out new sources of the raw material to... 


Australia, US leaders to discuss Pacific infrastructure, critical minerals
24th October 2023 By: Reuters

ustralia and the United States will announce plans to cooperate on critical minerals and bolster Pacific Islands infrastructure as Prime Minister Anthony Albanese visits Washington this week, a... 


Monadelphous wins contracts worth A$170m
24th October 2023 By: Creamer Media Reporter

Engineering company Monadelphous Group has secured new construction and maintenance contracts and contract extensions in the resources and energy sectors totalling A$170-million. The company has... 


Rio Tinto, Aboriginal group sign first solar deal for WA iron-ore region
20th October 2023 By: Reuters

Rio Tinto has signed an initial agreement with the Yindjibarndi people and Philippines' ACEN to look at options to develop green energy supplies for its operations in the world's biggest iron-ore... 


Vale taps former investor relations head Fadel as CEO of Bionow
20th October 2023 By: Bloomberg

Vale, the world’s second-biggest iron-ore supplier, picked its former investor relations head Ivan Fadel as CEO for a new business that aims to make cleaner fuel for steelmaking, according to a... 


Rio Tinto's iron-ore trains
Challenge for world’s biggest robot trains is going electric
20th October 2023 By: Bloomberg

Rio Tinto Group is preparing for trials of battery-powered locomotives in Australia, where it uses giant autonomous trains – the world’s largest and longest robots – to transport iron-ore across... 


Albemarle on Monday withdrew its A$3-a-share offer, citing
Liontown Resources plummets after Albermarle drops bid
20th October 2023 By: Reuters

Shares of Liontown Resources plunged by one-third on Friday after US-based miner Albemarle abandoned a A$6.6-billion buyout bid for the Australian lithium developer. Albemarle on Monday withdrew... 


Envusa's energy trading area.
Anglo's Envusa applies to trade 520 MW of green electricity with seven operations
19th October 2023 By: Martin Creamer

Renewables company Envusa Energy, which is owned jointly by Anglo American in partnership with EDF Renewables, this week lodged an application for a licence to trade electricity in South Africa’s... 


Brazil's Batista brothers to invest $1bn to boost iron-ore mines
Brazil's Batista brothers to invest $1bn to boost iron-ore mines
19th October 2023 By: Bloomberg

The billionaire Batista brothers behind Brazilian beef giant JBS are preparing to invest more than $1-billion to expand production at mines they acquired last year from Vale. J&F Investimentos,... 


Image shows an iron-ore stacker at Rio Tinto operation
Rio to increase Gudai-Darri output
19th October 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto this week said it was looking to increase capacity at its Gudai-Darri iron-ore mines, in the Pilbara, from 43-million tonnes a year to 50-million tonnes a year, at a... 


Creamer Media MYB Platinum cover
Platinum – Midyear Brief 2023
18th October 2023 By: Creamer Media Reporter

The Platinum MYB is a three-page synopsis of key developments in the platinum group metals market over the past 12 months, including details of South Africa’s supply and demand, and mergers and... 


Creamer Media MYB  Iron-Ore cover
Iron-Ore – Midyear Brief 2023
18th October 2023 By: Creamer Media Reporter

The Iron-Ore Iron-Ore – Midyear Brief 2023 is a two-page synopsis of key developments in the iron-ore market over the past 12 months, including South Africa’s iron-ore production and the rail... 


Creamer Media MYB Gold cover
Gold – Midyear Brief 2023
18th October 2023 By: Sheila Barradas

The Gold – Midyear Brief 2023 is a two-page synopsis of key developments in the gold market over the past 12 months, which experienced a glittering ascent in the first half of 2023, asserting its... 


Creamer Media MYB Coal cover
Coal – Midyear Brief 2023
18th October 2023 By: Sheila Barradas

The Coal – Midyear Brief 2023 is a three-page synopsis of key developments in South Africa’s coal sector over the past 12 months. The sector still dominates the country’s energy mix, however, it is... 


Creamer Media MYB Pumps cover
Pumps – Midyear Brief 2023
18th October 2023 By: Creamer Media Reporter

The Pumps – Midyear Brief 2023 is a three-page synopsis of key developments in the pumps market over the past 12 months, which has been on a growth trajectory for years, with the trend expected to... 


Creamer Media MYB Manufacturing cover
Manufacturing – Midyear Brief 2023
18th October 2023 By: Sheila Barradas

The Manufacturing – Midyear Brief 2023 is a three-page synopsis of key developments in the global manufacturing sector over the past 12 months, which continues to surpass the performance of... 


Creamer Media MYB Steel cover
Steel – Midyear Brief 2023
18th October 2023 By: Creamer Media Reporter

The Steel – Midyear Review 2023 is a three-page synopsis of key developments in South Africa’s steel sector over the past 12 months, which finds itself under great pressure, owing to a prolonged... 


Creamer Media MYB RRP cover
Roads, Rail & Ports – Midyear Brief 2023
18th October 2023 By: Creamer Media Reporter

The Roads, Rail & Ports – Midyear Brief 2023 is a three-page synopsis of key developments in South Africa’s roads, rail and ports sector over the past 12 months. It examines the increasing concerns... 


Creamer Media MYB Agriculture cover
Agriculture 2023 – Midyear Brief 2023
18th October 2023 By: Creamer Media Reporter

The Agriculture – Midyear Brief 2023 is a two-page  synopsis of key developments in the agriculture sector over the past 12 months. It focuses on current food price inflation in South Africa, as... 


Rio Tinto flags return to record iron-ore production
Rio Tinto flags return to record iron-ore production
18th October 2023 By: Reuters

Rio Tinto plans to raise output by 16% at its newest iron-ore mine in Western Australia as it sets out step by step changes that will bring it back to record production levels as soon as 2025. The... 


Vale's iron-ore output falls as operations failure hits key mine
Vale's iron-ore output falls as operations failure hits key mine
18th October 2023 By: Reuters

Brazilian miner Vale reported on Tuesday a 3.9% year-on-year decline in its third-quarter iron-ore output, hit by a production snag at a key mine. The firm produced 86.2-million metric tons of... 


Nigeria to require mining firms to invest in domestic processing - minister
18th October 2023 By: Reuters

Nigeria is toughening up licensing rules for foreign mining companies to push them to boost processing and refining of metals like lithium and zinc within the country, its minister of mines said on... 


BHP CEO Mike Henry
BHP reports a mixed bag
18th October 2023 By: Esmarie Iannucci

Diversified major BHP has seen production in the first quarter ended September drop across most of its commodities, apart from copper, compared with the fourth quarter of the 2023 financial year.... 


Creamer Media MYB Automotive cover
Automotive – Midyear Brief 2023
17th October 2023 By: Sheila Barradas

The Automotive Midyear Brief is a two-page synopsis of key developments in the automotive sector over the past 12 months. It provides an overview of the promising future of electric vehicles and... 


Vale creates company to sell sand from iron-ore tailings
17th October 2023 By: Bloomberg

Brazilian miner Vale aid on Tuesday it has created a company that will sell and distribute sand obtained from its iron ore tailings, part of its efforts to reduce the disposal of such materials in... 


Rio Tinto slashes IOC guidance
Rio Tinto slashes IOC guidance
17th October 2023 By: Mariaan Webb

Diversified miner Rio Tinto has reduced the full-year guidance of its iron-ore operations in Canada, citing extended plant downtime and conveyor belt failures. Iron Ore Company of Canada (IOC)... 


Image shows a Rio Tinto branded hat in the Pilbara
Rio posts another strong quarter
17th October 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto has delivered another strong quarter of results, with a production increase reported across all of its commodities, apart from titanium dioxide slag. “We delivered... 


TFR transporting coal to port
Ramaphosa rules out privatisating State companies
17th October 2023 By: Bloomberg

President Cyril Ramaphosa reiterated that his administration wasn’t moving to privatize state-owned companies as the government initiates reforms to clean up their balance sheets and revive their... 


The platinum group metals Polokwane smelter of Anglo American Platinum in Limpopo.
Minerals Council South Africa highlights green hydrogen economy’s forward momentum
16th October 2023 By: Martin Creamer

The world over, green hydrogen is being recognised as the most effective route towards combating the climate crisis in the most holistic way possible, with Minerals Council South Africa on Monday... 


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pqt: 2.627s - ct: 2.737s - 479pq - 2rq
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