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Codelco makes a $500 million bid for a 10% stake in the Quebrada Blanca copper mine: a strategic move against BHP expansion
Chilean state-owned mining company Codelco announced on Tuesday a $500 million bid to acquire a 10% stake in the Quebrada Blanca copper mine, controlled by Canadian company Teck Resources, from Chile's other state-owned company, Enami. This deal could mark a...
Metro Mining reaches new milestone in bauxite shipments with expansion of operations at Bauxite Hills Mine
Metro Mining, an Australian bauxite mining company, marked a new milestone in August 2024, thanks to increased production due to expansion activities at its Bauxite Hills mine, located in Queensland. During August, the company recorded a 13% increase in shipments...
The Future of Nickel in Indonesia: A Stable Market but with Challenges on the Horizon
In recent years, Indonesia has established itself as the world's largest nickel producer, thanks to a rapid expansion of its production capacity. This boom has led to a significant reduction in prices, despite an increase in demand mainly related to the electric...
The European Hot Rolled Coil (HRC) Market: A Sector Under Pressure Between Overproduction and Weak Demand
The European steel market, in particular the hot rolled coil (HRC) market, continues to experience extreme difficulties, marked by persistent price pressure due to a combination of overproduction and weak demand from key sectors. In both Northern and Southern Europe,...