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Coal: the sector seeks to remain in the long-term energy mix
There is no doubt that the global coal industry has been a major beneficiary of Russia's invasion of Ukraine and the resulting energy crisis. But now the industry is beginning to think beyond its current short-term exuberance and find ways to remain in the global...
Copper: Rio Tinto confirms final bid for Oyu Tolgoi mine
Rio Tinto Plc CEO Jakob Stausholm has clarified that his bid to take over the company behind one of the world's largest copper mines is final. Speaking during an interview at Bloomberg News headquarters in New York, Stausholm reported that the world's second-largest...
Primary aluminum: budget ended in deficit through July
The report on metals balances from January to July 2022, published by the World Bureau of Metal Statistics (WBMS), indicates that the primary aluminum market recorded a deficit of 916 kt. This follows a deficit of 1,558 kt recorded for the entire previous year. Global...
Steel rebar: China’s production fell 14% in January-August period
Chinese rebar production fell 13.8 percent year-on-year in the January-August period to 155.4 million tons, according to new data released by the National Bureau of Statistics. In August alone, rebar production fell 5.8 percent year-on-year to 19.3 million tons,...