NATURAL RESOURCES News March 2021 China’s aluminium production rises China’s primary aluminium output was 6.45 million tonnes in January and February of 2021, which indicates an 8.4% rise compared with the same period last year. According to CRU, such increase in...
NATURAL RESOURCES News March 2021 China repurpsoies infrastructure loans with Bangladesh According to the Financial Times, China’s embassy to Bangladesh wrote to the local authority of Bangladesh informing that China would not consider further projects with high...
NATURAL RESOURCES News March 2021 APAC accounts of 60% of total stone mining and quarrying market According to the Business Research Company’s recent report, Asia Pacific is the largest region in the global stone mining and quarrying marketing (comprising 58.5 percent...
NATURAL RESOURCES News March 2021 Global mining cross-border M&A deals worth US$7.7 billion in Q4 2020 According to analysis by GlobalData, cross border M&A deals in the mining industry totalled US$7.7 billion were announced in Q4 2020, bringing the total...
NATURAL RESOURCES News March 2021 Copper prices to hit record high It is projected that copper prices will surge to an all-time high over the next 12 months owing to strong demand from China’s clean energy drive and years of under-investment in global mine supply....
NATURAL RESOURCES News March 2021 Yansteel-Sheffield JV YGH Australia (Yansteel), a subsidiary of Tangsteel (one of the largest steel manufacturing state-owned enterprises in China) and ASX-listed Sheffield Resources have commenced their joint venture (known as...
NATURAL RESOURCES News March 2021 Xinte to build polysilicon factory in Inner Mongolia Chinese polysilicon producer, Xinte, has announced plans to build a 100,000 t/yr plant in Baotou city in Inner Mongolia at a cost of US$1.35 billion. The project is expected to take...
NATURAL RESOURCES News March 2021 Aviva takes action on global warming Aviva Investments have announced that they will ‘ditch stakes’ in up to 30 of the world’s largest oil, gas, mining and utilities companies if more is not done by these companies to tackle climate...
NATURAL RESOURCES News March 2021 Mining tech accelerates Investments during the Corona Virus pandemic in automation and technology have accelerated in part to reduce the number of staff on site. These upgrades in technology and automation have also been in response...
NATURAL RESOURCES News March 2021 Biggest dividend in history for Rio Tinto Coming off the back of high commodity prices, Rio Tinto have announced their biggest dividend in the company’s history. Rio Tinto recorded a final dividend of US$6.5 billion in February 2021....
