Loading
Codelco may privatise some of its activities
According to Patricio Vergara, vice president of mineral resources and development at Codelco, the world's largest copper producer is preparing to offer some 'non-core' exploration assets to the market, signalling a rare privatisation for the state-owned mining...
Copper: Mount Polley mine preparing to restart
Hundreds of workers who worked at the Mount Polley copper mine near Williams Lake, British Columbia, have been recalled and new ones recruited as the mine prepares to restart in the spring, buoyed by high copper prices. Mount Polley was closed in 2014 after a massive...
Pig iron: China resumes exports to the US in the absence of CIS supplies
After a seven-year hiatus, China has resumed exporting pig iron to the United States, where the market desperately needs steel products to fill a supply gap. Earlier this month, a deal was struck for 70,000 tonnes of pig iron originating in China with a US buyer at...
Steel: European prices extend rally as Ukraine conflict reduces supply
European steel prices are set to extend their gains as the Russian invasion of Ukraine has disrupted logistics, spurred sanctions and driven up energy prices. Russia is the world’s fifth-largest steel producer, while Ukraine ranks 14th. The two together account...