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India considers export tax on low-grade iron ore, sources say

India is considering an export tax on low-grade iron ore after small steel producers urged the government to curb its overseas sales

Tuesday, February 27, 2024

Ferrosilicon Futures close at 6638 on February 27, up 0.21%

The total trading volume of 2403 contract on the exchange was 75567 lots, with a turnover of about 2500.6525 million yuan.

Tuesday, February 27, 2024

Green development campaign yields fruits in Beijing-Tianjin-Hebei city clusters

Besides Tianjin, Hebei province neighboring Beijing is China's top steel producing province.

Tuesday, February 27, 2024

Nation to expand carbon market soon

China will strive to expand its carbon trading market as soon as possible, as both trade volume and prices in the program are increasing, Zhao Yingmin, vice-minister of ecology and environment, said on Monday.

Tuesday, February 27, 2024

Indonesia approve more quotas for 145-million metric tons of nickel ore

Indonesia's Ministry is trying to address delays in approving new mining volume quotas, an official at the Energy and Mineral Resources Ministry said on Monday.

Tuesday, February 27, 2024

Rio Tinto gets $13 million from Canada to decarbonize iron ore processing

Rio Tinto said on Monday that the Canadian government had awarded it C$18 million ($13 million) to decarbonize iron ore processing in Labrador West.

Tuesday, February 27, 2024

MIND ID to acquire 14% stake in Vale Indonesia

Indonesia’s mining industry holding company, MIND ID, agreed on Monday to acquire a 14% stake in Vale Indonesia from Vale Canada and Japan’s Sumitomo Metal Mining, to become the top shareholder at one of the country’s largest nickel miners.

Tuesday, February 27, 2024

Brazil's Vale iron ore output rises 15% from between Nov-Jan, faster than Q4

Brazilian miner Vale's iron ore production between November and January grew 15% from a year earlier, rising faster than in the October-December quarter, according to a presentation released by the firm on Monday.

Tuesday, February 27, 2024
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