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Batteries: raw material supply will be a challenge to meet demand
As the Western world seeks to increase battery production capacity, one challenge facing the industry is the supply of raw materials and the ability to meet demand by 2030. The battery company Northvolt believes that there will not be enough supply of raw materials...
Stainless steel: Aperam reports a decline in activity in the third quarter
Luxembourg-based stainless steel producer Aperam has released its third-quarter results, which include lower shipments, a drop in revenues, and a net profit nearly 70 percent lower than in the previous quarter. The metals producer uses an average of 80 percent scrap...
Carbon coke substituted for iron ore on transport ships
Amid low demand for iron ore in China, traders have begun using bulk carriers that previously carried iron ore on new routes to transport coal as the world grapples with an energy crisis and rising coal demand and prices. Iron ore demand in China is weak this year due...
Rio Tinto and China Minerals Resources sign MoM
Rio Tinto and China Minerals Resources Group signed a memorandum of understanding for strategic cooperation during the ongoing fifth China International Import Expo in Shanghai. he MOU focuses on areas of mutual cooperation related to iron ore and steel value chains,...