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Gas and energy: rising prices in Europe will force factories to shut down
Increasingly expensive gas and electricity prices in Europe are sending a strong signal to manufacturers to consider shutting down plants temporarily and to home and office owners to turn down their thermostats to save fuel this winter. First-month gas futures are now...
Nickel: BHP opens first Australian plant
BHP announced on Friday that it has produced the first nickel sulphate crystals from its plant in Kwinana, outside Perth, part of a strategy to grow its battery metals footprint to meet expected rising demand. Nickel is a key component for electric vehicle (EV)...
Copper: Ivan Merino blames MMG for Las Bambas riots
Peru’s mining minister Ivan Merino reported Thursday that the unrest at the huge Las Bambas copper mine was partly caused by MMG Ltd’s decision to rely on a dirt road to transport the metal, and called for a rail line to be built instead. The dirt road has...
Steel: China decides the collapse of world production
According to Worldsteel Association data, world steel production in 64 countries stood at 156.8 mt in August, down 1.4% from the same period last year. On a monthly basis there was a decline of around 3%. In summary: Africa 1.3 Mt (+38.2%) Asia and Oceania 112.7 Mt...