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Aluminium: the Irish company Aughinish Alumina, owned by Rusal, reported a loss of USD 167 million
Aughinish Alumina, a metal smelting company in Limerick, Ireland, owned by Russian aluminium giant Rusal, posted a loss of $167m in the last year, according to newly filed accounts. This is a decrease from the $378m loss reported in 2021. The Irish Shannon Estuary...
Copper: mining giant Ivanhoe Mines announces new mineral resources in DRC
Canadian copper mining giant Ivanhoe Mines recently announced new 'maiden' mineral resources for the Makoko and Kiala high-grade deposits at its project in the Democratic Republic of Congo (DRC). The company said Makoko contains indicated mineral resources of 16...
Steel: Chinese stimulus boosts prospects for 2024
According to Lee Kirk, managing director of Cargill Metals, steel supply and demand are in balance heading into the end of the year: global EAF production has been reduced due to increased Chinese exports this year, while expectations of Chinese stimulus strengthen...
Steel: Italian steel imports from non-EU countries decreased in January-September while exports increased
In the January-September period this year, Italian steel imports from non-EU countries decreased by 7.6% year-on-year to 8.07 million mt, while steel exports to non-EU countries increased by 5.5% year-on-year to 2.46 million mt, according to Italian steel association...