BHP (ASX: BHP) has revealed the signing of a partnership agreement with HBIS Group, one of the world’s major steel producers. The collaboration aims to conduct trials on direct reduced iron (DRI) production, utilize BHP iron ores in blends, and advance a separate enhanced lump stage 2 trial focused on reducing carbon emissions from blast…
On Tuesday, aluminum producer Alcoa (NYSE: AA) officially announced its decision to cease production at the financially unsustainable Kwinana refinery in Western Australia, bringing an end to over six decades of operations. The company attributed the decision to challenging market conditions and the facility’s aging infrastructure, leading to the unfortunate consequence of over 750 employees…
In the past year, Germany marked a significant environmental achievement by attaining a 70-year low in emissions. This milestone, notable for the largest economy in Europe, is primarily credited to a substantial decrease in reliance on coal, indicating a transformative change in the country’s energy framework. The decrease in emissions wasn’t limited to the energy…
In recent decades, mines have progressively adopted cleaner, safer, and more efficient operations, benefiting from advancements in positioning and orientation technology that facilitate automation and autonomy. Indeed, a 2020 report from Baker McKenzie revealed that the global smart mining market was valued at US$6.8 billion in 2019, with projections anticipating it to reach US$20.31 billion…
In recent times, the global copper market has been undergoing a significant shift, marked by the emergence of a supply-demand imbalance that has led to what experts are terming an “age of extremely large deficits.” This development has far-reaching implications for various industries and economies around the world, given copper’s indispensable role as a foundational…
In a significant development for the mining industry, the Responsible Copper Mining Framework, which has gained traction in recent years, is being extended to encompass the extraction of nickel, zinc, and molybdenum. This expansion marks a critical step forward in promoting responsible and sustainable practices within the resource extraction sector, addressing environmental, social, and economic…
In a momentous achievement for the mining industry, BHP, one of the world’s largest diversified resource companies, has reached a significant milestone at its Jansen potash project in Saskatchewan, Canada. The milestone marks a crucial step forward in BHP’s ambitious venture into the potash market, positioning the company to become a major player in the…
In an exciting development for the Brazilian mining industry, Serra Verde has announced the commencement of the commissioning process for its highly anticipated rare earths mine. This milestone marks a significant step forward in Brazil’s ambitions to tap into its vast reserves of rare earth minerals and reduce its dependency on foreign imports. The Serra…
The nickel market has been facing a squeeze in recent months, with prices rising to their highest levels in a decade and supply shortages becoming increasingly severe. The nickel market has been under pressure for some time, with demand for the metal outstripping supply. This has been driven by strong demand from the stainless steel…
Mosaic Co., one of the world’s largest producers of potash fertilizer, has announced plans to reduce production at its Colonsay potash mine in Saskatchewan, Canada. The move is part of a broader strategy to reduce costs and streamline the company’s operations in the face of a challenging market environment. The Colonsay mine is one of…
