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Copper and zinc: Lundin Mining increases production in second quarter
Lundin Mining announced that it produced 64,096 tons of copper in the second quarter of 2022 compared to 63,457 tons in the second quarter of 2021, 41,912 tons of zinc compared to 34,833 tons in the second quarter of 2021, 39 koz of gold compared to 41 koz in the...
Stainless steel: Acerinox production in second quarter fell 8 percent year-on-year
Stainless steel production of the Spanish Acerinox group in the second quarter fell 8 percent year-on-year to 601,000 tons due to a slowdown in demand for stockpiling in the third quarter. The company said it expected lower activity in the third quarter due to...
Iron ore: Rio Tinto signs agreement to unlock Simandou project
Rio Tinto Group said it has formed a joint venture with the government of Guinea and the Winning Simandou Consortium to develop infrastructure, including a railway and port, in a breakthrough that is expected to help unlock the world's largest untapped iron ore...
Steel: Brazilian exports to Europe increase 710% year-on-year
According to the national steel association Aço Brasi, Brazilian steel product exports to Europe increased 710% in the first half of 2022 to 909,828 tons, up from 112,221 tons in the first half of 2021, filling the gap left by regional suppliers Russia and Ukraine....