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Steel: Fitch Ratings expects markets to become more stable in 2024
International rating agency Fitch Ratings has assigned a neutral outlook for the global steel sector in 2024. The outlook reflects the agency's expectation that steel markets will become more balanced in 2024 due to rising demand in most regions, with the exception of...
Nickel: Panoramic Resources goes into voluntary administration
Panoramic Resources, the company that operates one of Western Australia's few nickel mines, has entered receivership. This comes less than a month after the company, which operates the Savannah nickel mine north of Halls Creek in the Kimberley region, embarked on an...
Ukrainian steel industry seeks strategies to boost exports amid challenges
Ukraine is looking for ways to increase steel industry exports to boost revenue for the country's coffers. In an announcement on 5 December, the mining and metals group said the country's steel mills would need financing for small and medium-sized steel consumers,...
Zinc: Boliden plans to restart Europe’s largest mine in the second quarter of 2024
Boliden plans to resume wage negotiations next month with around 650 employees at its Tara zinc mine in Ireland, with the aim of resuming production in the second quarter of 2024. Boliden put Tara's operations on maintenance in June due to negative cash flows after...