Mining Industry

Mining News Pro - Sweden`s Granges put on ice on Friday plans to form an aluminium manufacturing joint venture in the United States with Japan`s Mitsubishi Aluminum Co , saying that the project was less attractive in "current circumstances".

Mining News Pro -Dyno Nobel of Salt Lake City, Utah, has named Braden Lusk its new VP of Dynoconsult and applied technology.

Mining News Pro -Kaz Minerals copper miner on Thursday announced an interim dividend of 6 US cents per share, the first since 2012, in keeping with a growing trend for miners to focus on shareholder returns.

Mining News Pro -  The director of Taras Chahar Mahal Coated Sheet Co. said: The production capacity of the cover sheets of the country is such that in addition to domestic supply, there is also the possibility of export.

Mining News Pro - In July, the country produced 377 tons of steel, down 14.1 percent year-on-year, according to the Kazakhstani Ministry of Economy statistics.

Mining News Pro - The Escondida mine is the world’s largest producer of copper. (Copyright © 2018 Rio Tinto)

Mining News Pro - The production of anode and copper cathodes increased by 65% ​​and 62% during the first four months of the year.

Mining News Pro - Alcoa, an aluminum company in western Australia, has launched strikes since it has not reached a satisfactory deal with employers.

Mining News Pro - The production of steel ingots in major units of the country amounted to 6,228,699 tons in the first four months of this year, showing a 15% increase compared to the same period last year.

Mining News Pro - New Century Resources has started flotation and production of zinc concentrate at the Century mine processing plant in Queensland.

Mining News Pro - Ancient Egyptian copper objects. Photo from Frederik W.Rademakers` research paper.

Mining New Pro - South32 Ltd has completed the acquisition of the remaining 83% of issued and outstanding shares of Arizona Mining that it did not already own via a plan of arrangement

Mining News Pro - Minerals KAZ announced this week that it is buying a Baimskaya copper project in Russia in order to increase its copper production and reduce production costs.

Mining News Pro - In spite of US withdrawal and sanctions intensification, the Khuzestan Steel Company , the country`s largest supplier of steel bars, managed to export 50% of its exports and sales of this year to 2018 within four months from 2018.

Mining News Pro - The 10th International Exhibition of Metallurgy, Steel and Casting, attended by more than 150 domestic companies from Tehran, Isfahan, Kerman, East Azarbaijan, Fars, Central, Qom and Khorasan Razavi Provinces, as well as foreign companies and representatives of international companies in 33 stands and In an area of 8,000 square meters in permanent residence in Isfahan province, it was witnessed the significant presence of Mobarakeh Steel and other steel industries.

Mining News Pro - Tramp wrote in a Twitter message saying "the value of the Turkish currency, Lira, falls quickly against our very strong dollar," while declaring a doubled tariff for imports of steel and aluminum from Turkey.

Mining News Pro - The parliament`s economic commission chairman said parliamentarians are quickly reviewing the issue of steel pricing in the formal commodity market, and if necessary through the Supreme Economic Co-operation Council, the issue would be raised and there would be a chance to review and modify higher-pricing approvals.

Mining News Pro - In the first half of this year, EVRAZ steel company announced an increase in sales profits.

Mining News Pro - As per trade sources, the re-rollers in Nepal are continue to remain active for Indian induction grade Billets and have booked good volumes in Eastern India - West Bengal & Odisha.

Mining News Pro - Following rise in Japan’s monthly scrap export tender today for August month, leading EAF steel mini-mill - Tokyo Steel has announced hike in its scrap purchase prices further at all five plants. As per new price circular released, the steel manufacturer has raised prices by JPY 500/MT (USD 5) at Utsunomiya and Tahara plant while by JPY 1000/MT (USD 9) at three western Japan plants. Revised prices shall be effective from tomorrow i.e. 10th Aug’18.

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