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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

INPI Update: NPI up US$0.5 / DMT on February 26, 2024

On February 26th, the APNI released INPI Index.

Tuesday, February 27, 2024

Exports of ferroalloys from Ukraine almost stopped in January

During the month, ferroalloy producers exported only 0.2 thousand tons of products, which is a consequence of the complete shutdown of existing enterprises.

Tuesday, February 27, 2024

Ironveld receives financing interest from South African lender

Aim-listed iron-ore, vanadium and titanium miner Ironveld has received a nonbinding term sheet from a South Africa-based financial institution

Monday, February 26, 2024

Global nickel market sees 242,800 metric ton surplus in 2023 -INSG

In 2023, the nickel market surplus widened to 242,800 metric tons from 103,900 metric tons in 2022, the data showed.

Monday, February 26, 2024

Vale and Anglo American sign iron ore agreement

Vale and Anglo American sign iron ore agreement

Monday, February 26, 2024

MIIF CEO reveals plan to establish Ghana as electric vehicle and battery production hub

Koranteng emphasised that the combination of lithium, graphite, iron ore, and manganese positions Ghana favorably to become the battery hub for sub-Saharan Africa.He underscored the global shift toward decarbonisation

Monday, February 26, 2024
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