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Norsk Hydro's Slovalco joint venture has struck a deal with the Slovak government to partially restart aluminium smelting at Ziar nad Hronom after a four-year shutdown, backed by a new long-term power contract and a €100-million investment, with 75 000 t/y expected back on line in the fourth quarter of 2026. The restart would ease a European supply shortfall caused by the closure of Mozambique's Mozal smelter, the EU's new carbon tax and Gulf war-related disruptions.
US LNG cargoes shift away from Europe as Asian prices surgeLess than half of US LNG exports went to Europe in June for the first time since July 2024, as stronger Asian prices and record Egyptian imports diverted cargoes, with European buyers still needing to refill storage before winter. Shell separately forecasts global LNG demand rising about 65% by 2050, with Europe continuing to rely on LNG for energy security as domestic gas output declines.
European Metals names new president amid raw materials pushIndustry body European Metals has appointed Aurubis executive Inge Hofkens as president, succeeding Evangelos Mytilineos, as the sector pushes for a Circular Economy Act to curb the loss of copper and aluminium scrap from the EU. Portugal, meanwhile, continues to back Savannah Resources' Barroso lithium project, Europe's largest spodumene deposit, as a strategic priority for battery-material supply security.
Europe Updates
With a shift towards more stringent emissions regulations in Europe, crushing, screening and materials handling equipment provider Pilot Crushtec says its latest TwisterTrac VS350E Stage V crusher...
The supply shock caused by the Iran war is sparking old Western aluminium smelters back into life. In the US, Magnitude 7 Metals is reactivating the New Madrid smelter in Missouri.
Virtual power plants (VPPs) have been tested and are being proven in South Africa, and their widespread use could reduce the need to build some new transmission and distribution infrastructure...
Industry body the World Gold Council reports that global investors have continued to reduce their exposure to physically backed gold exchange-traded funds (ETFs) in June, but inflows for the first...
Geoscientific research institutes the Council for Geoscience (CGS) and the Geological Survey of the Netherlands (TNO) have signed a memorandum of understanding (MoU) to advance integrated...
Euronext-listed green hydrogen producer Lhyfe has taken delivery of 10 new Hexagon Purus containers, with the company now operating 84 Type IV tube trailers dedicated to hydrogen transport. Lhyfe...
Global liquefied natural gas (LNG) trade hit a record last year as strong US exports and rising European imports offset weaker Asian purchases, the International Gas Union (IGU) said in a report on...
With increasing emphasis globally on the adoption of environmental, social and governance (ESG) principles, South African companies are urged to creatively embed ESG practices in their everyday...
South Africa’s steel industry is facing an “emergency situation” driven by global overcapacity, surging low-cost imports and collapsing domestic production, which has led to government and...
Rapid declines in battery costs are transforming the economics of renewable power, a new report by the International Renewable Energy Agency (Irena) asserts, adding that the co-location of...
Nonferrous metals representative body European Metals has appointed Inge Hofkens president of the group. She currently works as COO for multi-metal recycling at German copper recycler Aurubis....
For the first time in nearly two years, less than half of US (liquefied natural gas) LNG exports last month went to Europe as stronger prices in Asia and record imports by Egypt diverted cargoes,...
Norsk Hydro said on Wednesday its Slovalco aluminium joint venture had struck an agreement with the Slovak government to partially restart production after a four-year shutdown, with the deal...
The global representative body for the airline industry, the International Air Transport Association (IATA), has reported that total global air passenger traffic fell by -2.2%, year-on-year, in...
Shell is nearing the sale of its fuel stations in South Africa to a unit of Abu Dhabi’s biggest oil company in a deal valued at about $1-billion, according to people familiar with the matter. Shell...
Global liquefied natural gas (LNG) demand is expected to rise by around 65% by 2050, driven largely by Asia as countries seek lower-emission alternatives to coal and data centres boost power...
Global total air cargo demand increased by 6%, year-on-year (y-o-y), in May, the International Air Transport Association (IATA) has reported. (IATA is the global representative body for the airline...
The global aviation industry’s specialist IT and communications group, SITA, has reported that Africa is still the region with the highest rate of mishandling airline luggage. Its 'Baggage IT...
London-listed Savannah Resources will resume work on its lithium project in Portugal, it said on Monday, after the government declared it of national and European significance and lifted a...
Market research and analysis company BMI has lowered its 2026 forecast for the global steel price slightly to $620/t, down from $625/t in its previous forecast, owing to weaker expected steel...
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