Loading
US grabs stake in battery metals miner to fight Chinese control
The US government is taking a $25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country’s reliance on supply chains dominated by China. The backing from the $60 billion US International...
Steel scrap stocks at China qualified yards up 15%
The stocks of processed and unprocessed steel scrap held by China's 283 licensed steel scrapyards had grown by another 15% on month as of September 25, As of September 25, the scrap yards, were holding 1.53 million tonnes of processed and unprocessed scrap, up for a...
Japanese scrap exports decline further
Japan, world's third largest ferrous scrap exporter, witnessed a fall in its scrap exports by 8% to 0.64 mn t in Aug'20 as against 0.7 mn t a month ago. Vietnam remained the largest scrap buyer from Japan and registered imports of 0.28 mn t (down 7% from Jul'20)....
Vale in talks with Tesla, EV sector for Canada nickel
Brazilian miner Vale SA is in talks with Tesla and others in the electric vehicle (EV) supply chain about securing nickel from its Canadian operations, the head of the miner’s base metals unit said on Friday. Tesla did not immediately respond to a request for comment....