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Top China lithium firms look past profit slump and vow expansion
Top China lithium firms look past profit slump and vow expansion
2nd April 2024 By: Bloomberg

Undeterred by slumping profits, China’s lithium giants are planning to grab a bigger slice of the market. Tianqi Lithium and Ganfeng Lithium Group reported sharp drops in 2023 net income last week... 


Flyability announces industry milestone
Flyability announces industry milestone
29th March 2024

Market leader in confined space drones Flyability has announced a new ultrasonic thickness measurement (UTM) payload for its flagship drone the Elios 3. This payload was developed in partnership... 


Image of US map/flag
Hanford tank waste treatment and immobilisation plant, US
29th March 2024 By: Sheila Barradas

US Department of Energy and Bechtel plan to build the world's biggest radioactive waste treatment plant in Washington state. 


Hansen + Genwest post image
Hansen + Genwest
29th March 2024

Designers and manufacturers of transformers and switchgear Hansen + Genwest was founded in 1976, and supplied the first South African-designed and manufactured flameproof transformer in 1977. The... 


Image of The SlurrySucker MK III pump from IPR
Dredging system takes on heavy duty jobs
28th March 2024

A newly launched dredging system is described as the most efficient and cost-effective electrically powered floating dredge system currently available.  The locally manufactured SlurrySucker MK III... 


Seifsa CEO Lucio Trentini
Metals and engineering industry must find common purpose in negotiations - Seifsa
27th March 2024 By: Schalk Burger

While more incendiary rhetoric related to the main agreement negotiations in the metals and engineering industry can be expected in the run-up to the negotiations later this year, common purpose... 


Metso brings Concorde flotation cell technology to Africa
Metso brings Concorde flotation cell technology to Africa
27th March 2024

Process and optimisation company Metso has brought its Concorde flotation cell technology to Africa for the first time. Mining Weekly recently attended the launch of the first Concorde cells in... 


Baltimore bridge collapse will likely block coal exports for weeks
Baltimore bridge collapse will likely block coal exports for weeks
27th March 2024 By: Bloomberg

The collapse of a major Baltimore bridge is likely to shut down coal exports for as many as six weeks and block the transport of up to 2.5-million tons of coal, said Ernie Thrasher, CEO of Xcoal... 


Brand value increases in mining, metals and minerals; BHP comes out top
Brand value increases in mining, metals and minerals; BHP comes out top
26th March 2024 By: Tasneem Bulbulia

This year, more than half of the brands in the ranking of the world’s most valuable and strongest mining, metals and minerals brands witnessed an increase in brand value, according to new data from... 


Liquid carton packaging
Nampak to sell its liquid cartons, Zambia and Malawi businesses
26th March 2024 By: Marleny Arnoldi

JSE-listed packaging company Nampak has entered into an agreement with a consortium represented by private equity company Corvest 15 to dispose of its liquid cartons business in South Africa, as... 


Revolutionizing Industries: Rio-Carb Promotes Sustainability with our R-C 700 Chromium Carbide Solutions
26th March 2024

Rio-Carb Pty Ltd, a leading innovator in industrial solutions, is making significant strides in promoting environmental sustainability using R-C 700 Chromium Carbide technology. The company's... 


US announces $6bn to clean up heavy manufacturing
US announces $6bn to clean up heavy manufacturing
26th March 2024 By: Bloomberg

The first new US aluminum smelter in 45 years may be built as part of about $6-billion in grants the Biden administration is awarding to companies in a bid to clean-up hard to decarbonise... 


The energy-efficient Lion ferrochrome smelter.
Ferrochrome benchmark price settles higher
25th March 2024 By: Martin Creamer

The European benchmark ferrochrome price for the second quarter of this year has been settled at $1.52/lb, 5.6% up on the first three months of 2024, Merafe Resources informed shareholders on... 


Wire and Tube 2024 is where SMS group plans to showcase innovations that are set to transform the tube and wire industry
25th March 2024

Focus on sustainability and innovation “Leading Partner Talks”: Customers and employees take the stage to report on innovations and ongoing projects and discuss the future of the industry SMS group... 


ArcelorMittal South Africa appoints Gavin Griffiths CFO
22nd March 2024 By: Schalk Burger

JSE-listed steel producer ArcelorMittal South Africa has appointed Gavin Griffiths CFO and executive director from April 1. Griffiths is currently the company's chief strategy officer but has been... 


US President Joe Biden
Biden set to award billions to decarbonise US heavy industries
22nd March 2024 By: Bloomberg

The Biden administration is poised to award as much as $6.3-billion in dozens of grants to help hard-to-decarbonise industries cut emissions, according to people familiar with the matter. Details... 


Vanadium
Largo’s net loss widens to $32m, but incoming ilmenite output shows promise
22nd March 2024 By: Marleny Arnoldi

Canada-headquartered vanadium miner Largo says its financial results continued to be adversely affected by lower vanadium prices in the year ended December 31, particularly a 22% year-on-year... 


The Illawarra coal operations
M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says
22nd March 2024 By: Reuters

Australian coal trader M Resources and Singapore's GEAR plan a funding round after their $1.65-billion purchase of South32's Illawarra metallurgical coal operations, a source familiar with the... 


The above image depicts a schurco slurry pump in use
Manufacturer reinforces commitment to quality
22nd March 2024 By: Lynne Davies

Established in 1975, and in the lead-up to its fiftieth anniversary in 2025, full-service slurry pump manufacturer Schurco Slurry reflects on its commitment to providing engineering excellence,... 


The above image depicts the EVO series which integrates the key benefits of the ARO air operated pumps with important features from other pump technologies
New pumps range improves fluid handling productivity
22nd March 2024

Engineering products and services provider BMG has extended its range of Ingersoll Rand ARO fluid handling products to include the new EVO series diaphragm pumps, which are designed to enhance... 




DISAPPOINTING DEMAND: The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity remains lackluster, squeezing a vital source of steel demand, while Beijing has also refrained from deploying the type of massive infrastructure stimulus that it has used in the past. Photograph: Bloomberg
DISAPPOINTING DEMAND
22nd March 2024

The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity... 


Alleged $60m nickel fraudster can’t pay his legal bills
20th March 2024 By: Bloomberg

The businessman at the center of an alleged $600-million nickel fraud is struggling to pay £330 000 in legal fees, in a sign that his finances are under increasing strain. Prateek Gupta was last... 


Glencore logo
Glencore sets 25% emissions reduction target in new climate plan
20th March 2024 By: Marleny Arnoldi

Global miner Glencore confirms in its latest Climate Action Transition Plan (CATP) for 2024 to 2026, published on March 20, that it is on track to achieve its emission reduction targets of 15% by... 


Trade, Industry and Competition Minister Ebrahim Patel
64 companies to pledge to procure from black industrialists, says Patel
18th March 2024 By: Darren Parker

During the second Black Industrialists and Exporters Conference to be held later this week, up to 64 large companies are expected to make pledges to procure goods and services from black... 


Eletrobras and SMS group explore potential supply of renewable hydrogen to industries in Brazil
18th March 2024

Strategic Partnership: Memorandum of Understanding (MoU) for the production of green hydrogen (H2) by Eletrobras and examination of the use of green hydrogen in industrial processes Renewable... 


Iron-ore drops below $100 on China’s persistent property crisis
Iron-ore drops below $100 on China’s persistent property crisis
15th March 2024 By: Bloomberg

Iron-ore futures fell below $100/t for the first time in seven months as investors bet that China’s years-long property crisis will run through 2024, keeping a lid on steel demand. The steelmaking... 


Biden says US steel should remain domestically owned, operated
15th March 2024 By: Bloomberg

President Joe Biden called for United States Steel to retain American ownership amid moves by Nippon Steel to purchase the Pittsburgh-based company. “US Steel has been an iconic American steel... 


An image of the PMC500 machine for metal crown manufacturing
Cap output will benefit breweries, bottling companies
15th March 2024 By: Trent Roebeck

Leading metal crown manufacturer Coleus Packaging will produce between seven- and eight-billion metal crown closures for bottling companies, breweries and other beverage industry players in South... 


Mushrooms next to two manufactured leather rounds
White biotechnology solutions highlighted
15th March 2024

Market intelligence specialists IDTechEx reported in February that handbags made of mushroom leather and biodegradable foodware are two examples of how white biotechnology can produce functional... 


Vesconite Hilube bearings perform well in prototype testing for waste-truck ejection system
Vesconite Hilube bearings perform well in prototype testing for waste-truck ejection system
14th March 2024

Vesconite Hilube bearings have performed well in prototype testing on the chain pulleys of a waste truck's ejection system. This is according to Vesconite Bearings, a manufacturer of low-friction,... 


Iron-ore’s split with stocks shows China’s new economy in favour
12th March 2024 By: Bloomberg

China’s stock market, and the price of one of the commodities central to its economy, are sending starkly differing signals on the country’s prospects. While iron ore, used to make steel, has... 


WBHO’s head office goes green in R20m project
WBHO’s head office goes green in R20m project
11th March 2024 By: Irma Venter

Construction group Wilson Bayly Holmes-Ovcon (WBHO) is installing large-scale solar panel arrays on the rooftops of three buildings of its headquarters in Johannesburg. The first of the three... 


ECOACERO relies on SMS group for its new rebar mill in the Dominican Republic
11th March 2024

Production capacity of up to 400,000 tons of rebar per year ECOACERO plans to serve the growing construction industry in the Caribbean and Central America ECOACERO, an ESTRELLA Group company, has... 


Collaboration between Ericsson, Mugler, and SMS group
11th March 2024

SMS group is one of the first operators of a private 5G network for researching real-time applications for the metallurgical industry The 5G standard enables data to be transmitted up to ten times... 


Nucor Steel Brandenburg celebrates inauguration of new facility with one of world’s largest and most advanced continuous casting plants
11th March 2024

Sustainably produced steel for the US energy sector Nucor and SMS group, close partners for over 35 years As a lifecycle partner, SMS operates a repair service center at the Brandenburg site Nucor... 


Groundbreaking at Nucor Steel West Virginia for one of the most modern and environmentally friendly sheet mills
11th March 2024

Produce steel by using recycled materials Groundbreaking is in the Guinness Book of World Records SMS group is an important partner in minimizing emissions Production of some of the most... 


CSP® Nexus plant supplied by SMS group to JSW STEEL (Dolvi Works)
11th March 2024

Trailblazing technology: CSP® Nexus offers customized solutions for customers’ individual needs and extends the range of producible hot strip dimensions to include plate products up to 2,600... 


Swiss Steel Group drives green steel production and utilizes the Viridis Energy and Sustainability Suite from SMS group
11th March 2024

Swiss Steel uses digitalization to track emissions Near real-time tracking of all emission values via the cloud Swiss Steel Group has placed an order with SMS group for the delivery of its Viridis... 


Iron-ore woes deepen as inventories in China keep piling up
Iron-ore woes deepen as inventories in China keep piling up
11th March 2024 By: Bloomberg

Iron-ore slumped almost 5% — heading toward the $110 a ton mark — as disappointing demand in China left the market lumbered with bulging inventories. The steelmaking material has tumbled by almost... 


China’s big policy meet offers little to excite commodity bulls
China’s big policy meet offers little to excite commodity bulls
11th March 2024 By: Bloomberg

China’s highest profile political event of the year provided little cheer for commodities bulls hoping for a jolt to demand in the world’s biggest market for raw materials. The National People’s... 


Trade, Industry and Competition Minister Ebrahim Patel and Chinese Minister of Commerce Wang Wentao
Patel meets with EV manufacturers, investors during visit to China
8th March 2024 By: Sabrina Jardim

Trade, Industry and Competition Minister Ebrahim Patel and a high-level delegation recently completed a four-day working visit to Shanghai, Nanjing and Beijing, in China, during which they met with... 


Whitehaven’s metallurgical coal acquisition unconditional
Whitehaven’s metallurgical coal acquisition unconditional
8th March 2024 By: Creamer Media Reporter

Australian coal miner Whitehaven is on track to double the size of its business and transforming the company into a leading metallurgical coal producer. The ASX-listed miner has satisfied all... 


Precision investment castings
New owners of precision casting company drive technology, skills investment
8th March 2024 By: Marleny Arnoldi

Following a takeover of Rely Precision Castings by a new group of shareholders, the company is undergoing a renewed market expansion drive with investment into technology, and development of a... 


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Magazine round up | 19 April 2024
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