Global insight

Glencore offers to buy rest of PolyMet for $71m

Mining and commodities giant Glencore (LON: GLEN) has offered PolyMet Mining (NYSE: PLM) (TSX: POM) to buy the company’s shares it does not already own for $2.11 in cash each, or about $71 million.

Wednesday, July 5, 2023

Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition

Tata Steel's NINL plant reaches 100% capacity utilisation within 1 year of acquisition

Wednesday, July 5, 2023

Exports in May 2023: -0.1% on April 2023

Exports in May 2023: -0.1% on April 2023

Wednesday, July 5, 2023

Nickel prices to weaken on market surplus: Australian government

Nickel supply surplus over the next two years will keep nickel prices lower, according to the Australian government’s latest Resources and Energy quarterly report. The LME nickel price, which is forecast to average about USD23,000/mt in 2023, respectively USD...

Wednesday, July 5, 2023

$49 Million Government Grant Agreement Executed

$49 Million Government Grant Agreement Executed

Wednesday, July 5, 2023

Nucor keeps plate pricing flat

Plate prices have remained flat during the same time period, creating a spread that is now $750/st.

Wednesday, July 5, 2023

India's Vedanta begins strategic review of steel assets

Indian private-sector resources firm Vedanta has announced a strategic review of its steel and steel raw materials business, including potential sale of some assets.

Wednesday, July 5, 2023

MOIL achieves best ever quarterly production in April-June'23

MOIL achieves best ever quarterly production in April-June'23

Wednesday, July 5, 2023
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