Global insight

Australian resources exports to set new records

Australia’s resource and energy export earnings are estimated to be worth A$405-billion in 2021/22, and are forecast to rise to A$419-billion in 2022/23, delivering two successive record years, the Office of the Chief Economist reported on Monday.

Monday, July 4, 2022

AISI: US Steel Imports Up 0.2% In May vs. April

American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,736,000 net tons (NT) of steel in May 2022.

Monday, July 4, 2022

AISI: US domestic raw steel production down 5.1%

In the week ending on June 25, 2022, US domestic raw steel production was 1,750,000 net tons while the capability utilization rate was 80.2 percent.

Monday, July 4, 2022

Tulla subsidiaries concludes iron-ore deal with Constance

Tulla Resources’ subsidiaries Central Norseman Gold Corporation (CNGC) and Pangolin Resources have entered into an offtake and funding agreement with Australia-based Constance Iron, for its Norseman iron-ore project, in Australia.

Thursday, June 30, 2022

Britain sanctions Russia's 'Nickel King'

Britain on Wednesday announced sanctions on oligarch Vladimir Potanin, described by London as Russia's second-richest man and who has been buying assets from firms exiting Russia over the invasion of Ukraine.

Thursday, June 30, 2022

RWE and ArcelorMittal intend to jointly build and operate offshore wind farms and hydrogen facilities, for low-emissions steelmaking

To decarbonise its production sites in Bremen, Hamburg, Eisenhüttenstadt and Duisburg as planned, ArcelorMittal Germany needs renewable energy on a large scale.

Thursday, June 30, 2022

At Australia mine, Glencore balances reforestation drive, coal profit

At Glencore's aging Mt Owen opencut coal mines north of Sydney, a team of scientists and engineers is restoring woodlands to mined-out fields, aiming to burnish the company's environmental credentials with climate activists and shareholders who want it to back...

Wednesday, June 29, 2022

Germany bringing back coal

New coalition govt makes u-turn on energy policy amid supply concerns.

Wednesday, June 29, 2022
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