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Singapore hosted the annual World Steel Association meeting and related iron-ore and green steel forums in mid-June, where industry executives warned that about half of planned green steel projects have been delayed and governments have committed only $20-billion of the $1.5-trillion needed to decarbonise the sector. Steel associations said customers remain unwilling to pay a premium for cleaner steel, while new conventional blast furnace capacity continues to be built across India and Southeast Asia with lifespans of up to 40 years.
Coking coal conference addresses China supply disruptionTraders at the Singapore coking coal conference in mid-June said China's imports of the steelmaking ingredient are set to rise further this year after a fatal mine accident in Shanxi province in late May led to safety-related closures affecting 155 mines. Chinese importers have turned to Canada and Australia for June and July deliveries, with traders expecting a shortage of 20-million to 30-million tonnes even after plants restart.
BHP and GCMD trial biofuel blend for shipping decarbonisationBHP and Singapore's Global Centre for Maritime Decarbonisation announced in early June that they had blended biofuel made from used cooking oil and waste animal fat to refuel a BHP-chartered bulk carrier transporting iron-ore from Western Australia to China. The pilot project, which bunkered in Singapore in early May, aims to assess how biofuels from multiple feedstocks can be blended and handled under real-world conditions using existing infrastructure.
Singapore Updates
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ASX-listed Nickel Industries has taken another significant step in its strategy to expand its exposure to the electric vehicle (EV) battery supply chain, agreeing to invest $169-million for a 17.5%...
Delays to green steel projects are growing and government support is far short of what is needed, jeopardising the industry's drive to cut emissions, steel associations warned at an annual meeting...
China's imports of coking coal, a steelmaking ingredient, are set to rise further this year after a fatal mine accident reduced domestic supply, traders said. Chinese importers have turned to...
Digital banking platforms and low-cost payment systems are expected to play an increasingly important role in enabling intra-African trade, supporting small businesses and improving financial...
The most persistently bullish part of the commodities sector in recent years has been metals associated with the energy transition, such as copper, lithium and rare earth elements. Iron-ore miners...
Middle Eastern crude oil markets could come under further pressure if the Strait of Hormuz reopens on Friday following the US-Iran interim deal, releasing-millions of barrels of oil stranded in the...
Iron-ore is the one major commodity that is sailing unaffected through the storm created by the US/Israeli war on Iran, but the relative calm masks shifting dynamics for the key steel raw...
As true smart cities remain elusive, smart water solution systems can help establish a foundation and culture for smart-technology adoption. While the idea of smart cities gained popularity in the...
Australian iron-ore and copper miner BHP and Singapore's Global Centre for Maritime Decarbonisation (GCMD) have blended biofuel made from used cooking oil and waste animal fat to refuel a cargo...
Iron-ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and...
As South Africa ramps up infrastructure investment and increases private sector participation, projects are becoming more complex, multi-stakeholder dependent and time sensitive. Despite this...
Indonesia's plan to route coal exports through a state firm has rattled traders and miners in the world's largest exporter over its viability, at a time when liquefied natural gas (LNG) supply...
Thousands of metres below its vast coal basins, China is tapping an unconventional fuel source in a multi-billion-dollar effort to unleash new supplies of natural gas and further Beijing's goal for...
Gold discounts in India jumped to a record this week as a sharp import duty hike slowed demand and triggered investor selling, while investment demand kept Chinese premiums firm. Dealers in India...
The refined platinum group metal (PGM) production of South Africa’s Valterra Platinum increased by 78% to 778 500 oz in the first three months of 2026 compared with the first quarter of 2025. PGM...
The closure of the Strait of Hormuz has forced policymakers in Asia to face questions over the security of other maritime chokepoints, including the Strait of Malacca, which is the world's busiest...
The Fuel Industry Association of South Africa (FIASA) has confirmed that fuel imports for the period from April to June will increasingly be sourced from regions outside of the Gulf and that there...
Management consulting firm Kearney's ‘2026 Foreign Direct Investment Confidence Index’ reflects a global investment environment shaped by intensifying geopolitical tensions, expanding industrial...
Iron-ore slid to its lowest in a month after a report that BHP Group’s incoming CEO had met with Chinese executives in Beijing this week, a possible sign that frosty relations between the mining...
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