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Iron ore: exports from the Port of Hedland down 2.6%
Iron ore shipments through Australia's Port of Hedland stood at 47,998.375 million tonnes in January this year, down 2.6% from the previous month and almost unchanged from the 47,991,651 tonnes recorded in the same month last year. Iron ore shipments from the Port of...
Copper: Freeport Indonesia suspends operations at Grasberg mine
Freeport Indonesia has temporarily suspended mining and processing operations at its Grasberg copper mine after heavy rains flooded part of its concentrate production facility and damaged parts of a road. The company said it has freed 14 employees trapped in an office...
Nickel and palladium: Nornickel reported a drop in profit due to declining sales
Russian mining giant Nornickel said on Friday that its earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 17 per cent year-on-year in 2022 to $8.7 billion, due to declining sales and supply chain disruptions. Although it was not directly...
Steel: global long products market remains uncertain
IREPAS, the global association of long steel producers and exporters, says that the situation in the global long products market remains uncertain, particularly with regard to developments in China. In some cases, however, expectations, initially characterised by...