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Australian scientists make progress in dealing with hydrogen embrittlement of steel
26th February 2024 By: Rebecca Campbell

Australian researchers have made a step forward in addressing perhaps the biggest single obstacle to the large-scale roll-out of the hoped-for hydrogen economy: hydrogen embrittlement. This is the... 


screens showing commodity stock exchanges
Disappointing results from world’s top miners highlight market challenges, Tickmill says
26th February 2024 By: Darren Parker

The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results... 


India considers export tax on low-grade iron ore, sources say
26th February 2024 By: Reuters

India is considering an export tax on low-grade iron-ore after small steel producers urged the government to curb its overseas sales, two sources directly involved in the matter said. China... 


Teck expects to close coal unit sale to Glencore by Q3, CEO says
Teck expects to close coal unit sale to Glencore by Q3, CEO says
23rd February 2024 By: Reuters

Canadian miner Teck Resources plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an interview on... 


Photo of Terence Creamer
Crunch time
23rd February 2024 By: Terence Creamer

The consequences of policy failure in electricity are so obvious there is no need to ventilate them again. Not so for gas, however, given that they are only visible to those manufacturers that have... 


Sylvania reports positive results despite lower PGM prices
22nd February 2024 By: Sabrina Jardim

Platinum group metals (PGMs) producer and developer Sylvania Platinum says its revenue and net profit for the 2023 financial year remained respectable, despite the impact of a significantly lower... 


anglo american sign and logo
Anglo to focus on cost cutting following disappointing 2023 performance
22nd February 2024 By: Darren Parker

Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22.... 


Posco to import African battery graphite to cut China reliance
22nd February 2024 By: Bloomberg

Posco Future M Co, which produces battery materials for companies including General Motors Co, is preparing to import graphite from Africa to reduce its dependence on supplies from China. “Graphite... 


Eramet in talks with France to offload debt from SLN nickel unit
22nd February 2024 By: Reuters

Eramet is in "very advanced talks" with the French government to remove from its balance sheet several hundred million euros of debt related to its loss-making nickel subsidiary SLN in New... 


Simandou’s high-grade, low impurity formation is a rare opportunity for Rio Tinto to diversify its portfolio, particularly as demand increased for grade suitable for greener steel.
Rio Tinto board approves Simandou investment
22nd February 2024 By: Mariaan Webb

The board of Rio Tinto has given the nod to the Simandou iron-ore project, in Guinea, CEO Jakob Stausholm has revealed. The approval is contingent on meeting outstanding conditions, including... 


Fortescue beats on first-half profit, posts strong dividend
Fortescue beats on first-half profit, posts strong dividend
22nd February 2024 By: Reuters

Australia's Fortescue on Thursday posted a 41% jump in its half-year profit and declared a better-than-expected dividend, supported by strong iron-ore shipments and higher prices for its lower... 


Glencore's head office
Glencore pleased with its performance against the backdrop of lower commodity, energy prices
21st February 2024 By: Marleny Arnoldi

Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows... 


A rail line in South Africa
Mozambique port critical to chrome exports gets upgraded railway link
21st February 2024 By: Bloomberg

The biggest port in Mozambique that’s become a key hub for global chrome exports will upgrade a railway link, bolstering a planned $2-billion capacity expansion. The African Development Bank is... 


An image of Kumba Iron Ore CEO Mpumi Zikalala
Kumba weathers headwinds but 490 jobs at risk as it reconfigures business
20th February 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore delivered solid operational and financial results for the year ended December 31, 2023, despite macroeconomic challenges; however, about 490 jobs could be... 


JSW Steel in talks with Australia's Whitehaven for coal mine stake
JSW Steel in talks with Australia's Whitehaven for coal mine stake
20th February 2024 By: Reuters

India's JSW Steel is in talks with Australian miner Whitehaven Coal for a stake in its Blackwater metallurgical coal mine, a source aware of the discussions said on Tuesday. JSW Steel, India's... 


A conveyor onto conveyor transfer chute installed at a local steel plant
Strong local,global demand for engineered Weba Chutes
20th February 2024

It has been another good year for transfer chute specialist Weba Chute Systems, and signs are that it will get even better. While demand from the mining industry can be volatile, the company has... 


Nickel woes worsen for Glencore-backed miner as budget jumps 87%
20th February 2024 By: Bloomberg

Glencore-backed Horizonte Minerals is warning that it needs a whole new financing package to restart a nickel project in northern Brazil after a review revealed the mine will cost 87% more than... 


Goldman, hedge funds step up activity in physical uranium as prices spike
Goldman, hedge funds step up activity in physical uranium as prices spike
20th February 2024 By: Reuters

Investment banks Goldman Sachs and Macquarie, as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Iron-ore slumps as demand doubts persist with China’s reopening
19th February 2024 By: Bloomberg

Iron-ore tumbled following a five-day run of gains as China’s markets reopened, with investors weighing prospects for near-term steel demand in the world’s largest importer. Futures dropped from... 


Fortescue Metals chairperson Andrew Forrest
Carbon capture tech a 'complete falsehood', says Fortescue Metals' Forrest
16th February 2024 By: Reuters

Carbon capture is not a solution for the energy transition and political leaders need to provide real, non-greenwashed, commitments to encourage investment, Andrew Forrest, executive chairman of... 


A three story high reactor manufactured by Viva Engineering with people in PPE under it to show scale
Complex SA-DRC reactor project recognised
16th February 2024

The fabrication, in South Africa, of six large reactors for the Azmet Reactor project, being undertaken at a mine in the Democratic Republic of Congo (DRC), is a “massive achievement” after it was... 


Overcoming today’s mining challenges by finding an edge
Overcoming today’s mining challenges by finding an edge
15th February 2024

Over the past years, mining producers have needed to adapt to rapidly changing market conditions. While seeing opportunities driven by strong demand and high prices for metals such as copper, gold... 


Mayor Leon Stephens and Magnetite Mines CEO Tim Dobson signed memorandum of understanding on Tuesday.
Partnership positions Port Pirie as future green iron hub
13th February 2024 By: Mariaan Webb

As the global steel industry moves to decarbonise, iron-ore miner Magnetite Mines has partnered with Port Pirie to position the South Australian port as a future green iron production hub. Green... 


Steelmakers turning to DRI amid transition
Steelmakers turning to DRI amid transition
12th February 2024 By: Sabrina Jardim

With global steelmakers increasingly turning to scrap steel recycling and direct reduced iron (DRI) as alternatives to blast furnaces, steel producers will not need to rely on carbon capture if the... 


Stanmore swoops in on South32’s Eagle Downs
Stanmore swoops in on South32’s Eagle Downs
12th February 2024 By: Mariaan Webb

Coal miner Stanmore Resources on Monday announced that it would buy diversified mining firm South32’s 50% interest in the Eagle Downs metallurgical joint venture (JV) coal project, in Queensland.... 


Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
9th February 2024 By: Martin Creamer

Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council... 


Photo of Martin Creamer
On-The-Air (09/02/2024)
9th February 2024 By: Martin Creamer

Martin Creamer discusses water, railway lines and stopping noise-induced hearing loss.  


Vale and Hydnum Steel to study building briquette plant in Spain
9th February 2024 By: Reuters

Brazilian miner Vale and newcomer Hydnum Steel have signed a memorandum of understanding to study building an iron-ore briquette plant at Hydnum Steel's first factory in Spain, which will be... 


From left to right: BHP's Tim Day, Bluescope's Tania Archibald and Rio Tinto's Simon Trott
Australian iron-ore giants partner on steel decarbonisation
9th February 2024 By: Mariaan Webb

Australia’s two biggest iron-ore producers and its biggest steelmaker have announced a partnership to accelerate the decarbonisation of steelmaking by agreeing to jointly investigate the... 


CHROME CONDITIONING
Chromium can be used in a chemical coating process known as chrome plating whereby a thin chromium layer is applied to a raw metal substrate
Chrome highlighted for resistance properties
9th February 2024

With stainless steel considered a “marvel of modern engineering”, owing to its involvement with products ranging from kitchen appliances to surgical instruments, independent corrosion and failure... 


An image of SICK executive board chairperson Dr Mats Gökstorp
Partnership to facilitate process technology development, broaden product range
9th February 2024

Sensor company SICK and measurement and automation technology specialist Endress+Hauser are aiming to enter a strategic partnership to broaden Endress+Hauser's product range, enhance SICK's process... 


Aerial viw of the Simandou project
Simandou iron-ore project, Guinea – update
9th February 2024 By: Sheila Barradas

Guinea’s National Transition Council has approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and government. 


Qld approves Winchester South draft EA – Whitehaven
Qld approves Winchester South draft EA – Whitehaven
8th February 2024 By: Mariaan Webb

Coal miner Whitehaven on Thursday welcomed the decision by Queensland Environment, Science and Innovation to approve the Winchester South coal mine draft environmental authority (EA). The approval... 


Transnet train transporting iron ore
Transnet problems force Kumba to moderate output
8th February 2024 By: Darren Parker

Anglo American subsidiary Kumba Iron Ore CE Mpumi Zikalala has reiterated that State-owned Transnet’s rail performance challenges have placed so much pressure on Kumba’s value chain that the... 


China is oversupplied with commodities as deflation persists
8th February 2024 By: Bloomberg

China’s commodities markets are heading into the Lunar New Year break on a glum note, with deflation embedded on both the consumer and producer sides of the economy. Weak aggregate demand is the... 


Vedanta focused on becoming ESG leader
Vedanta focused on becoming ESG leader
7th February 2024

Good governance and sustainable development are at the core of diversified global natural resources and technology conglomerate Vedanta Group's strategy, with a strong focus on health, safety and... 


Gold pouring
DRDGold to report higher interim earnings, despite cost increases
6th February 2024 By: Darren Parker

JSE-listed gold mining company DRDGold, which is in the process of finalising its results for the six months ended December 31, expects to report a 5% to 15% year-on-year increase in earnings per... 


West African’s 2024 production to align with long-term mining plan
6th February 2024 By: Tasneem Bulbulia

ASX-listed West African Resources expects its Sanbrado mine, in Burkina Faso, to produce between 190 000 oz and 210 000 oz of gold this year, consistent with the company’s long-term mining plan.... 


Iron-ore hits lowest since November as demand concerns escalate
6th February 2024 By: Bloomberg

Iron-ore hit a three-month low as the upcoming Lunar New Year and ongoing property market crisis cast a shadow over Chinese demand. Benchmark futures in Singapore dropped for the fifth time in six... 


Fire damage, sanctions delay start of new Russia zinc mine
6th February 2024 By: Reuters

The start of zinc concentrate production at Russia's new Ozernoye mine will be delayed until at least the third quarter of 2024 and a ramp-up to full capacity until 2025, the mine operator said on... 


The Simandou mine area
Guinea lawmakers approve JV for Simandou iron-ore development
5th February 2024 By: Bloomberg

Guinea’s National Transition Council approved a joint venture between Rio Tinto, China-backed Winning Consortium Simandou and the government that seeks to develop the world’s biggest untapped iron... 


From green hype to bailouts, the nickel industry has imploded
From green hype to bailouts, the nickel industry has imploded
5th February 2024 By: Bloomberg

Just 18 months ago, the world’s biggest mining company was in a nickel frenzy. BHP Group, to much fanfare, had struck a deal with Tesla to supply it with the crucial ingredient for electric... 


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