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ArcelorMittal Rail and Structural, pictured, will also be shut when Newcastle closes
No reprieve likely this time after talks on Newcastle mill’s survival fail
6th January 2025 By: Terence Creamer

The failure of a task team established to chart a survival strategy for ArcelorMittal South Africa’s (AMSA’s) Newcastle Works, in KwaZulu-Natal, culminated in the JSE-listed steel group notifying... 


China's 2025 iron-ore imports set to hit new high even as steel demand dwindles
China's 2025 iron-ore imports set to hit new high even as steel demand dwindles
6th January 2025 By: Reuters

China's iron-ore imports are likely to hit a new high in 2025 as traders stockpile cheap ore for the world's top consumer despite a protracted property crisis continuing to weigh on Chinese steel... 


Transnet half-year loss widens to R2.2bn
Transnet half-year loss widens to R2.2bn
6th January 2025 By: Reuters

South African state-owned logistics group Transnet has reported a wider loss of R2.2-billion in the six months to September 30 on higher costs and operational challenges. Transnet made a loss of... 


Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


Barminco equipment being used underground
Perenti secures A$185m of new work and a contract extension
20th December 2024 By: Creamer Media Reporter

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 


Grindrod's rail operations
Grindrod outlines focus for 2025, reflects on 2024 performance
19th December 2024 By: Schalk Burger

JSE-listed logistics company Grindrod, in a December 19 pre-closing trading update, said its focus going forward would be to drive growth in bulk handling, container handling, logistics capability... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


A Rio Tinto office
Rio Tinto shareholders call for resolution on review of dual-listed structure
19th December 2024 By: Reuters

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate... 


Champion Iron CEO David Cataford
Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project
19th December 2024 By: Reuters

Australia's Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company's Kami project in Canada for A$245-million ($152-million).... 


July Ndlovu
July Ndlovu, Billy Mawasha join AECI board
18th December 2024 By: Creamer Media Reporter

Chemicals group AECI has appointed July Ndlovu and Billy Mawasha as nonexecutive directors of its board, with effect from July 1. "The addition of Mr Ndlovu and Mr Mawasha to the board of AECI is... 


The Samarco mine
Samarco to invest more than $1bn to resume full capacity
17th December 2024 By: Bloomberg

Samarco Minercao expects to invest more than $1-billion to return its iron-ore operations to full capacity by January 2028 — a date that’s more than 12 years after the operation was first sidelined... 


BHP's South Flank mine
BHP says Australian South Flank iron-ore operations resume after weekend pause
17th December 2024 By: Reuters

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since... 


Image of iron-ore stockpile
Mt Bevan Iron Ore Joint Venture project, Australia
13th December 2024 By: Sheila Barradas

Legacy Iron Ore Limited and Hawthorn Resources are buidling a 12-million-tonne-a-year, high-grade magnetite project in central Yilgarn. 


Africa’s turbulent year ahead
13th December 2024 By: Tara O’Connor

As another tumultuous year closes, global political tectonic plates are still shifting, causing political earthquakes and violent eruptions across the US, Europe, the Middle East and Africa. The... 


ZIOC signs MoU with Arise for mineral export facility development
11th December 2024 By: Tasneem Bulbulia

Aim-listed Zanaga Iron Ore Company (ZIOC) has entered into a memorandum of understanding (MoU) with Arise Integrated Industrial Platforms to advance the development of the Zanaga iron-ore project’s... 


An iron-ore deposit
Guinea plans sovereign wealth fund backed by iron-ore income
11th December 2024 By: Bloomberg

Guinea plans to use some of its income from mining the world’s largest iron-ore reserve to create a sovereign wealth fund. The facility will fund key development projects in the government’s... 


BHP, Rio accused of allowing sexual harassment on mine sites
BHP, Rio accused of allowing sexual harassment on mine sites
11th December 2024 By: Bloomberg

BHP Group and Rio Tinto Group allowed environments on their Australian mining sites where female staff faced systemic sexual harassment and gender discrimination, according to two class actions... 


Harmony's Moab mine
PGM, chrome and diamonds drove mining output higher in October
10th December 2024 By: Marleny Arnoldi

Statistics South Africa reports that mining production increased by 1.4% year-on-year in October, with the largest positive contributors having been platinum group metals (PGM), chromium ore,... 


Anglo American appoints Anne Wade as nonexec director
10th December 2024 By: Tasneem Bulbulia

Diversified miner Anglo American has appointed Anne Wade as a nonexecutive director and member of its board audit and sustainability committees, with effect from January 1, 2025. Wade is... 


Lithium supply surplus set to stay with battery makers' help
Lithium supply surplus set to stay with battery makers' help
10th December 2024 By: Reuters

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output... 


Australian iron-ore miners soar on China stimulus optimism
Australian iron-ore miners soar on China stimulus optimism
10th December 2024 By: Reuters

hares of Australian iron-ore miners surged the most in over two years on Tuesday after the country's top trading partner China's pledge for more policy stimulus to spur economic growth raised the... 


Transnet locomotives
Robust debate unveils complexities of resetting South Africa's logistics system
6th December 2024 By: Schalk Burger

Private- and public-sector representatives have, this week, emphasised that there are potential solutions to South Africa's logistics problems and bottlenecks, that funding is limited and that... 


Image of bucket wheel reclaimer
Capanema maximisation project, Brazil – update
6th December 2024 By: Sheila Barradas

The project is being commissioned. 


BHP and HBIS deepen partnership to decarbonise steel
5th December 2024 By: Creamer Media Reporter

Mining giant BHP and Chinese steel group HBIS announced on Thursday the signing of a new memorandum of understanding (MoU) to strengthen their collaboration on reducing carbon emissions in the... 


Dr Nombasa Tsengwa.
Exxaro places CEO on precautionary suspension with immediate effect
4th December 2024 By: Martin Creamer

Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto reinforces strategy for diversified growth, targets 1Mt/y of copper
4th December 2024 By: Mariaan Webb

Rio Tinto, one of the world’s largest mining companies, has reaffirmed its goal of producing one-million tonnes a year of copper by the end of the decade, as part of its strategy to become a global... 


Activist investor Palliser urges Rio Tinto to scrap primary London listing
Activist investor Palliser urges Rio Tinto to scrap primary London listing
4th December 2024 By: Reuters

Activist investor Palliser Capital demanded Rio Tinto scrap its primary listing in London and unify its corporate structure in Australia, saying about $50-billion in shareholder value has already... 


Fortescue's battery electric haul truck prototype
Fortescue to develop fast chargers capable of powering 240-t mining trucks in 30 min
4th December 2024 By: Creamer Media Reporter

Australian technology, energy and metals group Fortescue Metals has been awarded A$10-million in funding from the Australian Renewable Energy Agency (Arena) to advance the development of a 6 MW... 


Vale to produce up to 335Mt of iron-ore in 2025
Vale to produce up to 335Mt of iron-ore in 2025
3rd December 2024 By: Reuters

Brazilian miner Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year. Vale, one... 


Exxaro Financial Director Riaan Koppeschaar.
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
3rd December 2024 By: Martin Creamer

Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending... 


Rio Tinto completes sale of Lake MacLeod to Leichhardt
Rio Tinto completes sale of Lake MacLeod to Leichhardt
3rd December 2024 By: Creamer Media Reporter

Diversified mining group Rio Tinto on Monday completed the sale of Dampier Salt’s Lake MacLeod operation to Perth-based Leichhardt Industrials Group. The transaction, which was first announced in... 


Minas Rio in Brazil
Anglo American integrates Vale’s Serpentina resource into Minas Rio
3rd December 2024 By: Mariaan Webb

Diversified miner Anglo American has completed the transaction to incorporate the Serpentina iron-ore resource into its Minas-Rio operation in Brazil, the company announced on Monday. The deal,... 


John Welborn
Fenix set to become Athena’s biggest shareholder
2nd December 2024 By: Creamer Media Reporter

Iron-ore miner Fenix Resources has announced a significant investment in fellow ASX-listed Athena, positioning itself to become the company’s largest shareholder. Athena is focused on the Byro... 


Steel being produced
Simmering steel tensions coming to boil as Newcastle mill’s survival comes under spotlight again
2nd December 2024 By: Terence Creamer

Long simmering tensions in South Africa’s steel sector appear to be coming to a boil following a joint statement by the National Union of Metalworkers of South Africa (Numsa) and ArcelorMittal... 


Zinc’s wild week may signal volatile era as supplies squeezed
Zinc’s wild week may signal volatile era as supplies squeezed
2nd December 2024 By: Bloomberg

Zinc could see more sharp price swings as growing tightness along the metal’s supply chain leaves buyers exposed to sudden changes in availability. The material used to galvanize steel had a... 


Seifsa CEO Lucio Trentini
Domestic steel industry must improve cost structures, logistics costs to survive
29th November 2024 By: Schalk Burger

For the South African steel industry to survive, the cost structures must improve across the value chain to position South African primary steelmaking in the lowest quartile of the global steel... 


Image of a Weba Chute Systems manager in the field
Reducing dust emissions during material transfer
29th November 2024

Advanced transfer chutes help industrial operations comply with environmental regulations while reducing emissions risks to workers, local communities, and ecosystems. Weba Chute Systems designs... 


An image of Alberto Bregante
SMS group embraces innovation in steelmaking processes
29th November 2024 By: Lumkile Nkomfe

The production of steel, aluminum and copper account for about 10% of global CO2 emissions,and amid global trends, the metals industry is on the verge of a historic transformation, says SMS group... 


Image of road construction
Marble Bar road upgrade project, Australia
29th November 2024 By: Sheila Barradas

The project entails 23 km of road construction upgrade works. 


Fortescue awards $400m contract to XCMG to supply zero emissions mining equipment
Fortescue awards $400m contract to XCMG to supply zero emissions mining equipment
28th November 2024 By: Creamer Media Reporter

Australian iron-ore major Fortescue will buy more than 100 zero-emission heavy mobile mining equipment items under a deal with Chinese heavy machinery manufacturer, XCMG. The contract, with a... 


AECI group CEO Holger Riemensperger
AECI earnings take short-term knock after strategic spend
28th November 2024 By: Marleny Arnoldi

Having incurred investment spend of R755-million in the ten months ended October 31, explosives and mining chemicals group AECI is on track to achieve its strategic ambition and unlock value across... 


Menar MD Vuslat Bayoglu
Competition approval awaited for re-start of major ferromanganese facility – Menar
27th November 2024 By: Martin Creamer

Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two... 


Anglo American CEO Duncan Wanblad
Anglo sells further 6.6% stake in Amplats for R9.6bn
27th November 2024 By: Chanel de Bruyn

Anglo American South Africa, a wholly-owned subsidiary of diviersified miner Anglo American, has sold 17.5-million shares in platinum group metals (PGM) miner Anglo American Platinum (Amplats) at... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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