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West Africa-focused Capital continues to build regional platform

By: Simone Liedtke     14th January 2021 West Africa remains a growth area for LSE-listed Capital, which continues to build its platform in the region, with new rigs arriving during the first quarter of the year, as well as the long-term contract secured with Firefinch in Mali and an expansion of operations into Guinea. As the new year... 

Blast at Chinese recycler shows battery supply chain risks

By: Bloomberg     8th January 2021 China’s biggest battery manufacturer has urged units to focus on safety issues after an explosion at a recycling affiliate, which has drawn attention to the risks in the industry’s supply chain. While the cause of the blast at a Hunan Brunp Recycling Technology Co. factory in Hunan province is... 

Rio invests in Canadian aluminium

By: Esmarie Iannucci     18th December 2020 Diversified major Rio Tinto has announced a $8.4-million investment to expand the recycling capacity of its aluminium operations in Saguenay-Lac-Saint-Jean, Quebec. The expansion would offer rolled product customers in North America a new, sustainable solution combining low-carbon and recycled... 

Rio strikes carbon deals

By: Esmarie Iannucci     16th December 2020 Diversified miner Rio Tinto has pledged $10-million to research low carbon steel making projects in China, while also inking a memorandum of understanding (MoU) for a similar investment in Japan. The miner on Wednesday said that it has committed to invest $10-million with China Baowu Steel... 

Oil refineries offered relief

By: Esmarie Iannucci     14th December 2020 The federal government has announced fiscal relief for oil refineries in Australia, as part of its commitment to jobs, affordable fuel and Australia’s long-term fuel security. Energy and Emissions Reduction Minister Angus Taylor on Monday said that the government would provide relief to the... 

Australian miner expects robust demand for steel next year

By: Reuters     9th December 2020 Australia's Fortescue Metals Group expects iron-ore demand to be strong next year thanks to a solid Chinese steel market and post-pandemic recoveries in other countries, a senior company executive said on Wednesday. Iron ore prices soared this month towards $150 a tonne due to ongoing supply... 

Platinum on the rise as market adapts to Covid-19 – PGI

By: Donna Slater     8th December 2020 Platinum Guild International’s (PGI’s) third-quarter 'Platinum Jewellery Business Review', which surveys manufacturing and retail partners across key markets, indicates that although low prices have been a trigger to encourage buying, it has been product innovation and emotional connection of... 

Bigger not always better with gensets – OEM

By: Marleny Arnoldi     4th December 2020 Bigger is not always better when considering generators (gensets) and standby power, and it is vital that site-specific power requirements and conditions are taken into account during the design phase of these power supply products, says local manufacturer Zest WEG.  

Glencore, China’s GEM extend strategic cobalt partnership 

By: Martin Creamer     3rd December 2020 Diversified mining and marketing company Glencore has extended its partnership with GEM of China for the supply of cobalt hydroxide by another five years. Both companies have also formally embedded responsible sourcing and sustainability into the contractual relationship. 

Copper surges to fresh two-year high on virus vaccine hopes 

By: Reuters     20th November 2020 Copper surged to a fresh two-year high on Friday, and is set for its longest run of weekly gains since September, as investors weighed concerns about rising coronavirus cases against promising news on vaccines that could hasten an economic recovery. Base metals have climbed this month on signs... 

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