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Over 72,000 industrial, mining units operating across Iran

6 July 2020 - 01:39
Latest Data released by the Iranian Industry, Mining and Trade Ministry shows that 72,250 industrial and mining units are operating across the country in which nearly 2.43 million people are working, ISNA reported.

Over $595m of bonds issued by industry, mining sectors since Mar. 20

6 July 2020 - 00:10
Director General of the Investment and Financing Office of Iran’s Industry, Mining and Trade Ministry said 25 trillion rials (about $595.2 million) of bonds have been issued through industry and mining sectors since the beginning of the current Iranian calendar year (March 20).

Nornickel uses freight flights for exports amid covid-19

21 May 2020 - 02:44
Norilsk Nickel, the world’s largest palladium producer, said on Thursday it was using air cargo flights to ship supplies of palladium and platinum because most of the passenger flights it usually uses had been suspended.

Turkey's Etimet reduces ferro-chrome output by 50pc

6 May 2020 - 11:36
Turkish low-carbon ferro-chrome producer Eti Elektrometalurji has reduced its output in response to low demand caused by the Covid-19 pandemic.

Port Hedland resumes lithium exports in March

8 April 2020 - 19:35
Lithium concentrate exports from Port Hedland in West Australia have resumed in March after a hiatus in February.

Lithium projects in Argentina suspended

23 March 2020 - 19:36
Australian companies involved in Argentina's lithium brine industry have suspended on-site work at projects until the end of March to comply with government's coronavirus containment measures.

Fortum, BAF and Nornicket plan a recycling centre to recover metals from electric car batteries

17 March 2020 - 20:41
Fortum, BAF, and Nornicket have signed a letter of intent to plan a recycling centre in Harjavalta, Finland to recover metals from electric car batteries. This would enable a successful “closed-loop” cycle to re-use the critical metals present in used batteries.

Cash crunch threatens to stall EU spot metals trade

17 March 2020 - 19:48
A growing number of sellers are reluctant to offer material in the European spot market, fearing buyers could struggle with financial liquidity and breach payment terms.

China: South African Chrome Prices Down Due to falling South African Currency

17 March 2020 - 19:32
Recently the continuous decline in both overseas and domestic offers of RSA concentrates has led 40-42% concentrate down to USD 122-125/CIF. However, the price expectation between sellers and buyers are existent whereas the former is set to accept USD 120 while the latter is looking at USD 115.

India: Silico Manganese Prices Stable Despite Dull Demand

12 March 2020 - 19:47
Indian Silico Manganese prices remained unchanged owing to the dull steel market conditions. The selling pressure is quite intense in the domestic market. Meanwhile, prices in the export market also softened amidst currency fluctuations and the spread of deadly Coronavirus.
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