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Iron-ore retreats on China demand rethink, price curbs worry

By: Reuters     3rd February 2023 Dalian iron-ore futures dipped on Friday, deepening weekly losses as traders reassessed demand prospects in top steel producer China and exercised caution after market regulators repeatedly warned against excessive price speculation. The steelmaking ingredient's most-active May contract on... 

President Jokowi 'confident' Tesla will invest in Indonesia

By: Reuters     1st February 2023 Indonesian President Joko Widodo is confident Tesla will finalise a deal to invest in a production facility in his country, having offered the US car maker incentives ranging from tax breaks to a concession to mine nickel. Southeast Asia's largest economy has been wooing Tesla to invest in... 

MetaleN

27th January 2023 Copper and heat-exchange materials are critical in the modern technological age, forming part of the many essential areas such as energy, heating and cooling, medical, decorative, electronics, farming and mining. You can rely on MetaleN for quality that adheres to strict international standards... 

Nickel Industries flags transformative nickel deal

By: Esmarie Iannucci     18th January 2023 ASX-listed Nickel Industries has announced plans for a $471-million capital raise to fund the acquisition of a 10% interest in two producing nickel assets, including a greater stake in the Oracle nickel project. Nickel Industries has struck an electric vehicle battery supply chain strategic... 

Nickel market faces new shock as 'big shot' boosts metal output

By: Bloomberg     10th January 2023 The billionaire at the center of last year’s nickel short squeeze is planning a major shift in his production mix, in a move that could reshape global supply dynamics and inject fresh volatility into the battered nickel market. Xiang Guangda’s Tsingshan Holding Group is seeking to profit from an... 

Rio Tinto, China's Baowu take next step towards developing Guinea joint venture

By: Reuters     5th January 2023 Rio Tinto's Guinea unit has agreed terms with joint venture partners including China's Baowu on developing infrastructure for the huge Simandou iron-ore mine, the next step towards building a project in which it has held a stake since 1997. Simandou lies in a remote corner of Guinea and the... 

Nickel tycoon plans new plant to avoid future LME short squeezes

By: Reuters     19th December 2022 The tycoon at the centre of this year’s nickel crisis is building a new plant for metal that can be delivered on the London Metal Exchange (LME) – a move that signals his intention to keep trading on the embattled LME while seeking to avoid being caught out by short squeezes in the future.... 

Underground mining at Anglo Platinum’s Mogalakwena targeted to start end 2024 

By: Martin Creamer     12th December 2022 The first potential underground mining at Anglo American Platinum’s opencast Mogalakwena platinum group metals (PGM) mine in Limpopo is targeted to start towards the end of 2024 and build up slowly to a full underground unit by the end of the decade. “We’re nearing the end of phase one of the... 

Multipurpose filter guarantees ‘exceptional’ results

By: Leah Shelene Asaram     2nd December 2022 Triple R – a cellulose-based cartridge/filter for removing all oil impurities – manufactured in Triple R’s fully automated factory in Ohira, Japan, guarantees 100% filtration. The Triple R filter optimises production expenditures, provides cost savings, improves machine reliability, increases... 

Filters combat poor air quality

By: Leah Shelene Asaram     2nd December 2022 Sole distributor of Camfil filters, Air and Lab Products Africa (ALPA), and manufacturer of premium clean-air solutions, Camfil, have taken the initiative to provide two air filters – the Dynavane filter and the corrosion resistant molecular filter – to combat human health issues and poor air... 

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