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Bauxite: Visakhapatnam Port Authority sets new records in May 2024
The Visakhapatnam Port Authority (VPA) recorded a record-breaking performance in May 2024, marking a historic achievement in its 90-year history. This extraordinary feat is a testimony to the collaborative efforts of VPA and its business partners. The Port of...
HRC steel: the European market digests the effect of potential safeguard measures on domestic prices
The European hot rolled coil (HRC) market remained broadly stable on Friday, 31 May, with hopes of a price recovery coming on the back of expectations of lower imports from Asia after the announcement of new safeguard adjustments. Offers of HRC with July delivery from...
Copper: the approval of the new project should enable Peru to produce four million tonnes per year in the coming years
Peru's Minister of Energy and Mines, Rómulo Mucho, announced the approval of the technical report on the $600 million Cerro Verde copper mine expansion project. Cerro Verde, located in the southwestern region of Arequipa, is responsible for almost 19% of the copper...
Rare earths: Australia warns Chinese investors to divest Northern Minerals shares
Australian Treasurer Jim Chalmers has ordered several China-linked investors to divest shares in rare earth miner Northern Minerals on grounds of national interest. Northern Minerals is developing the Browns Range rare earths project in Western Australia at a time...