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Copper: BHP in talks for DRC project
The Melbourne-based miner is in talks with Ivanhoe Mines Ltd. to buy Western Foreland, a huge exploration territory that borders Ivanhoe’s Kamoa-Kakula mine. The foray into a nation emerging from decades of conflict would mark a shift in strategy for BHP, which...
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...
Steel: Chinese prices rise on increasing impact of production cuts
The Chinese steel market has seen prices of most products rise ahead of the Golden Week holiday (1-7 October 21). The increasing impact of production curtailments resulting from environmental concerns and power reductions has provided support for domestic prices....
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)...