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Contura name change to reflect metallurgical future

By: Mariaan Webb     22nd January 2021 NYSE-listed Contura Energy on Friday announced that it would change its name to Alpha Metallurgical Resources on February 1. The rebranding effort aims to more accurately relects the company's strategic focus on the production of metallurgical coal as a critical feedstock for steel production.... 

Chrome market could change with new export tax regime, dissuading Chinese offtake 

By: Donna Slater     20th January 2021 A “delicate” balancing act between chrome ore mining and stainless steel production may be under threat as South Africa changes its export tax regime to boost the commodity’s “welfare benefits” and to favour local chrome buyers instead of foreign buyers, Simon le Roux, a student at Rhodes... 

Want a fuel cell, you need platinum – analysts 

By: Martin Creamer     18th January 2021 If you want a fuel cell, you need platinum, is one of the multiplicity of points Bernstein investment company makes in a major work just released, which shows growing and ongoing demand for platinum group metals (PGMs) and provides ample reason why metals and mining matter more than ever. In the... 

FLSmidth in talks to buy Thyssenkrupp's mining unit

By: Reuters     15th January 2021 FLSmidth is in negotiations with German engineering group Thyssenkrupp to acquire its mining business, the Danish mining equipment maker said on Friday. The negotiations are at a non-binding stage, FLSmidth said, and there can be no assurance as to their result. 

Manganese markets achieve good performance despite headwinds, reports LCIB

By: Tasneem Bulbulia     15th January 2021 Global manganese ore dispatches reached a new record of 42.93-million tonnes in 2020, the London Commodity Intelligence Bureau (LCIB) reports. Shipments were 3.1% higher year-on-year. 

Philippines' Duterte stops mining on 'devastated' southern island

By: Reuters     12th January 2021 Philippine President Rodrigo Duterte has ordered a halt to all mining on an island in a southern province that is home to some of the country's nickel projects, a Cabinet official said on Tuesday. Duterte was "very much concerned" about reports that the Tumbagan Island in Languyan, in Tawi-Tawi... 

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... 

Rio Tinto willing to help improve iron-ore pricing system - China steel body

By: Reuters     15th December 2020 Miner Rio Tinto is willing to work with iron-ore consumers to review the pricing mechanism for the steelmaking ingredient, the China Iron & Steel Association (CISA) said, as near-record high prices squeeze margins at Chinese mills. CISA recently called on regulators in China, the world's top... 

Mining and Metals Blockchain Initiative launches proof of concept platform to trace emissions

By: Creamer Media Reporter      15th December 2020 The World Economic Forum’s (WEF's) Mining and Metals Blockchain Initiative (MMBI) has released a proof of concept that uses distributed ledger technology to track embedded greenhouse-gas emissions. The successful completion of the proof of concept, named the Carbon Tracing (COT) Platform will be... 

Iron-ore rattled as crackdown plea from China mills spurs slump

By: Bloomberg     14th December 2020 Iron-ore futures in Singapore tumbled from the highest since 2013 after a leading mills’ group in China stepped up its push for authorities in the top importer to investigate the raw material’s blistering rally. The China Iron & Steel Association called on the State Administration of Market... 

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