互联网收集(Internet Sources)

Newmont Sells Telfer and Havieron Projects for $475 Million to Greatland Gold

Newmont Mining Corporation (NEM.US) has agreed to sell 70% of its Telfer Mine and Havieron Gold-Copper Project in Western Australia to Greatland Gold for $475 million in cash and stock. This transaction is part of Newmont’s strategy to divest non-core assets and is expected to be completed in Q4 2024, pending certain conditions. According to […]

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First Quantum Minerals to Begin Construction of $3.5 Billion Taca-Taca Copper Project in Argentina

According to reports from external sources on September 6, First Quantum Minerals has held discussions with the Argentine government about beginning construction on the $3.5 billion Taca-Taca copper project. The Canadian mining company met with Argentine officials to announce the commencement of the project, located 230 km west of Salta. This was announced during the

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Japan to Provide Increased Subsidies for Electric Vehicle Battery Production to Boost Domestic Capacity by 50%

According to reports from various media outlets, Japan will offer additional subsidies for electric vehicle (EV) battery production. Minister of Economy, Trade, and Industry, Yasutoshi Nishimura, announced that the Japanese government will support 12 battery or related component/material/equipment projects with subsidies totaling 350 billion yen (approximately 173.95 billion RMB) to enhance Japan’s EV battery supply

Japan to Provide Increased Subsidies for Electric Vehicle Battery Production to Boost Domestic Capacity by 50% Read More »

Zambia to Establish Investment Company to Control at Least 30% of Future Key Mineral Production

According to Mining.com via Bloomberg, Zambia plans to establish an investment company to control at least 30% of the production from future key mineral mines. Minister of Mines, Paul Kabuswe, announced this strategy to maximize benefits from the development of metals critical for the energy transition. As Africa’s second-largest copper producer, Zambia aims to quadruple

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South32 Considers Acquiring Existing Copper Mines to Expand Resources

South32, an Australian diversified mining company, is considering acquiring existing copper mines and expanding them to secure more copper resources. This decision comes as the company exceeded its annual profit expectations and is returning cash to shareholders. Since its spin-off from BHP, South32 has focused on reshaping its investment portfolio, with CEO Graham Kerr particularly

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Steel Plate and Strip Production in July Remains Steady Year-on-Year; Container and Shipbuilding Plate Output Increases Significantly

In July, the production of steel plates and strips by key enterprises remained almost unchanged year-on-year. Medium-thick plate mill output slightly decreased, hot rolling mill output saw a small increase, and cold rolling mill output was stable. Among major plate products, container plates, boiler vessel plates, and shipbuilding plates showed significant year-on-year growth, while bridge

Steel Plate and Strip Production in July Remains Steady Year-on-Year; Container and Shipbuilding Plate Output Increases Significantly Read More »

Codelco Faces Accusations Over Tailings Dam Mismanagement in Northern Chile

According to Reuters, Chile’s environmental regulator announced on Thursday that it has filed two charges against state-owned copper giant Codelco for mismanagement of the Talabre tailings dam at its Ministro Hales division in northern Chile. The charges stem from a lack of an emergency plan to prevent groundwater contamination and the incorrect storage of tailings

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Steel Industry Faces Harsh Winter, Global Iron Ore Giants Lose Over $100 Billion in Market Value

Despite it being the height of summer, steel companies are experiencing a chilling reality in the steel industry. On August 13, the “China Baowu Report” published a commentary article stating that the steel industry is facing a more severe and complex operating situation compared to last year. The article emphasizes that the “long cycle,” “reduction,”

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Mexico Imposes Anti-Dumping Duties on Chinese Steel Screws, Ranging from 8.02% to 91.22%

On August 13, 2024, Mexico’s Ministry of Economy issued a final ruling on the anti-dumping investigation of steel screws from China. The decision imposes anti-dumping duties ranging from 8.02% to 91.22% on the products in question. Specifically, Jiaxing Chinafar Standard Parts, Co. Ltd. faces an 8.02% duty, while Haiyan Wandefu Precision Hardware, Co. Ltd., Lianyungang

Mexico Imposes Anti-Dumping Duties on Chinese Steel Screws, Ranging from 8.02% to 91.22% Read More »

Jindal Stainless to Begin Exporting Stainless Steel to Japan from Q2 FY 2024-25

Jindal Stainless Limited (JSL) announced that it will begin exporting stainless steel to Japan starting in the second quarter of the 2024-25 fiscal year. According to Managing Director Abhyuday Jindal’s statement on July 31, the share of export sales in total sales for Q1 FY 2024-25 (April to June) dropped to 10%, down from 17%

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