It found that mild weather over Australia's winter led to lower demand for electricity over the period.

Prices remain down by 33pc from their April peak of $1,200/st.

The country produced 3.44 billion tonnes of raw coal during the period, according to the National Bureau of Statistics.

Coal is a main export commodity of Mongolia, which is rich in natural resources.

World crude steel production for the 63 countries reporting to the World Steel Association (worldsteel) was 149.3 million tonnes (Mt) in September 2023, a 1.5% decrease compared to September 2022.

The 2312 ferrosilicon contract price on ZCE closed at 7038 yuan per ton on October 24.

Brazil-focused explorer Bravo Mining (TSXV: BRVO) shares surged on Monday after the company announced an initial resource estimate for its Luanga palladium-platinum-rhodium-gold-nickel project located in Pará state.

Russia’s Nornickel, the world’s largest palladium producer and a major producer of high-grade nickel, said on Monday its third-quarter nickel production was 21% higher than in the previous quarter at 53,945 metric tons.