ACL – Business update on international steel markets
The World Bank expects global growth to stablise at 2.6% in 2024, holding steady for the first time in three
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2023-2024: Global economy and commodity prices
Exxaro says global inflation rates continued to trend down, enabling central banks to consider cutting interest rates. The expectation is
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Jubilee’s Roan Upgrade: ramp-up period post commissioning
The construction activities for the upgrade of the Roan Operations have been completed with the ECS currently undergoing final testing
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Exploring one of the world’s richest goldfields
The goldfields in the Kalgoorli region of Western Australia are one of the richest mineral fields to exist in Australia.
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Miracle possible!? – ESKOM: 100 days without load-shedding on 4 July
The improvement in the Energy Availability Factor is reflected in the country reaching the milestone of 100 days without load-shedding
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Endeavour achieves first gold pour at Lafigué mine in Côte D’ivoire
Abidjan – Endeavour Mining has announced that the first gold pour from the Lafigué mine in Côte d’Ivoire was achieved
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RIO TINTO: Two new solar farms for mining and beyond
NHULUNBUY, Australia–(BUSINESS WIRE)– Two new 5.25MW solar farms will be built on Gumatj and Rirratjingu country on the Gove Peninsula
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Exxaro: 1Q24 remained challenging due to low offtake from Eskom
The bearish trend on pricing continued from 2023 into 1Q24, mainly driven by sufficient supply of coal in major markets
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Jubilee: extracting copper value in Zambia
The Integrated Copper Strategy is enabled by Jubilee’s proven ability to extract value from materials often regarded by the industry
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PPC reports on South Africa, Botswana and Zimbabwe Cement
Cement sales volumes in SA and Botswana were down 5,8% when compared to the prior year (FY23: negative 4,6%), reflecting
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Yunnan Tin and PT Timah discuss strategic cooperation
The world’s largest producer of refined tin, Yunnan Tin, met with PT Timah, Indonesia’s largest and the world’s fifth largest
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PPC mothballs Jupiter milling plant and Slurry and Dwaalboom swing kilns
A significant increase in impairments to R267 million (FY23: R61 million) in the current year relate primarily to property, plant
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China’s dominates $10 billion rare earth market
China’s grip on the rare earth minerals market has deep repercussions for geopolitics and global resource management. These elements, crucial
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Carbon free aluminium smelting cells using ELYSIS technology licence
MONTRÉAL – Rio Tinto will install carbon free aluminium smelting cells at its Arvida smelter in Québec, Canada, using the
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Jubilee: Acquisition of two near-surface copper mining operations
Jubilee concludes two copper resource transactions of operating open-pit mines accessing near-surface copper material (open-pit operations) which significantly increases its
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Anglo American suspends Grosvenor steelmaking coal mine
Anglo American has suspended production at its Grosvenor steelmaking coal mine in Queensland, Australia, following an underground coal gas ignition
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PPC Group revenue for the current year up by 20,6%
Group revenue for the current year rose 20,6% to R10 058 million (FY23: R8 339 million) driven primarily by a
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Exxaro: Economic outlook for 2H24
Various headwinds to the anticipated global growth rates include financial conditions that will be less accommodative than expected and geopolitical
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Tin anodes for sodium-ion batteries may be a game changer
In a groundbreaking development, the latest research on tin anodes for sodium-ion batteries presented at the recent International Tin Conference
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Jubilee rolls-out integrated copper strategy in Zambia
Jubilee Metals Group, a diversified metals producer with operations in South Africa and Zambia, announces significant progress in the roll-out
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Rio Tinto invests to maintain anode production at Grande-Baie smelter
SAGUENAY – Rio Tinto will invest US$165 million (CA$226 million) in its Grande-Baie smelter to refurbish two anode baking furnaces that have reached
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ALUMINIUM: Hydro tests green hydrogen technology with global potential
Green hydrogen can replace fossil energy in the recycling of aluminium, enabling zero-carbon aluminium products. In a three year industrial
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Exxaro coal production / sales volume to decrease by 14% / 12%
As of 31 May 2024, the group has achieved a total of twenty-one months without a work-related fatality. The current
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PPC to “overcome the challenges ahead.”
The PPC group has faced sustained underperformance and decreasing profitability over a number of years and as reflected at PPC
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Harmony will meet annual production, grade, and cost guidance for FY24.
JOHANNESBURG, Harmony Gold Mining Company will meet annual production, grade, and cost guidance for FY24. Exceptional operating free cash flow
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Anglo American launches H2 Moves Europe
Anglo American announces the launch of H2 Moves Europe, designed to accelerate awareness and encourage adoption of hydrogen fuel cell
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worldsteel short range outlook for steel in 2024 and 2025
The World Steel Association (worldsteel) has released its Short Range Outlook (SRO) steel demand forecast for 2024 and 2025. worldsteel
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May 2024 crude steel production
World crude steel production for the 71 countries reporting to the World Steel Association (worldsteel) was 165.1 million tonnes (Mt)
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Insimbi in a bid to be more significant player in the recycling sector
Insimbi and its wholly-owned subsidiaries, Amalgamated Metals Recycling (Pty) Ltd (“AMR”), Amalgamated Metals Recycling SA (Pty) Ltd (“AMR SA”), Amalgamated
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STEELMAKING DEVELOPMENTS: From flame to electricity
In the mid-20th century, steelmaking advanced on many fronts. Basic oxygen steelmaking and electric arc furnaces transformed the main production
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