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Iron-ore climbs to four-month high on optimism over China policy

By: Bloomberg     9th December 2022 Iron-ore rose to its highest in four months on news that Chinese authorities may further soften their stance on property policies at a key meeting next week. Futures advanced in Singapore, extending a rally from a 45-month low at the end of October to almost 50%. The steelmaking ingredient has... 

On-The-Air (09/12/2022) 

By: Martin Creamer     9th December 2022 This week Martin Creamer discusses green hydrogen projects and flat-steel investment. 

Coega Green Ammonia, green hydrogen, flat-steel investment make headlines   

9th December 2022 Mining Weekly Editor Martin Creamer discusses the Coega Green Ammonia project receiving government support to fast-track development; Higher Education, Science and Innovation Minister Blade Nzimande urging collaboration in green hydrogen; and South Africa’s first flat-steel investment in decades,... 

UK approves first coal mine in 30 years, weakening climate push

By: Bloomberg     8th December 2022 The UK approved opening its first deep coal mine in more than 30 years, risking backlash from activists portraying the project as a backward step in meeting ambitious climate goals. The Woodhouse Colliery project in Whitehaven, northern England, can go ahead, the Department for Levelling Up,... 

Vale forsakes volume for value in boost to iron-ore's nascent price recovery

By: Bloomberg     8th December 2022 Vale is abandoning plans to get back to iron ore production levels prior to a 2019 waste disaster, offering supply-side support to the global market just as Chinese demand picks up. The Brazilian mining giant has been slowly ramping back up after losing its mantle as the world’s biggest producer... 

Green hydrogen can be near-future reality with collaboration, says Science Minister 

By: Martin Creamer     7th December 2022 The transition to green hydrogen can be a hugely beneficial reality in the near future with collaboration between companies, countries and knowledge institutions, Higher Education, Science and Innovation Minister Blade Nzimande told a just transition event attended by European Commission Joint... 

Anglo’s fuel-cell truck operating ‘akin to its diesel counterpart’ 

By: Irma Venter     5th December 2022 Anglo American’s big nuGen hydrogen-powered truck is currently functioning “akin in operation and cost to its diesel counterpart”, says Anglo American market development principal Fahmida Smith.  The global mining company in May unveiled its nuGen truck, with a 2 MW hybrid battery/hydrogen... 

Argentina is pressing US for exception to tap EV bonanza

By: Bloomberg     5th December 2022 The world’s fastest-growing lithium producer is lobbying hard to gain access to President Joe Biden’s new electric vehicle tax credits, despite Argentina not meeting the requirement of being a US free-trade partner. So far, it’s being rebuffed. Designed to end China’s overwhelming dominance of... 

Magnetite Mines fields interest in Razorback

By: Esmarie Iannucci     2nd December 2022 ASX-listed Magnetite Mines on Friday denied reports that it had launched a formal partnering or sales process for any of its assets, including its flagship Razorback iron-ore project, in South Australia. The company told shareholders that it had received interest in the project from a range of... 

MetaleN

2nd December 2022 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... 

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