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Russian mining and metals giant Nornickel has decided to join a project to build a plant producing stainless steel products in Russia, it said on Monday.

The 20th China Ferro-alloys intl conference will be held on March 4-6,2024 at Jinzhou city, where is the ferro moly production area of the industry.

The four blocks comprise two iron ore blocks, one combined reserve of iron ore and manganese, and one manganese reserve, while the date for holding the auction is yet to be decided, the official said.

Saudi Arabia is investing nearly $12 billion in steel projects to boost its production of the metal to face a large increase in domestic demand, a senior official has said.

Australia expanded its list of critical minerals deemed crucial to its energy transition and national security needs as the country boosts the strategically and economically important sector.

In addition, the package also includes import ban on copper, nickel, aluminum, zinc, manganese and articles thereof.