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Nickel: major miners in the Philippines could spend $2 billion on new facilities
The Philippines' two largest nickel producers plan to invest about $1bn each to build processing plants, top executives of the companies said, boosting the government's push to develop the Southeast Asian nation's downstream mining industry. Nickel Asia Corp. is...
The Biden administration supports changes to the mining law
A working group led by the US Department of the Interior has released what it calls its final report, containing recommendations to 'reform and improve the way mining is conducted on US public lands'. The Biden administration calls the revision of the 1872 Mining Act...
Steel: domestic CRC and HDG prices in Europe under pressure from slowing consumption
Domestic cold rolled steel (CRC) and hot dip galvanised (HDG) coil prices in Europe fell in the seven days to Wednesday 20 September due to slowing demand from end users and pressure from imports. European CRC and HDG producers avoided making firm offers due to the...
The European carbon border adjustment mechanism will set the new rules for global trade
According to the latest report by Wood Mackenzie Horizons, the Carbon Border Adjustment Mechanism (CBAM), a policy that will require manufacturers of imported goods in the European Union (EU) to pay a tax on emissions, is expected to accelerate decarbonisation...