It’s Not a Good Time to Be a Steel Mill or Coal Mine in China
China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation
2023-05-29 11:57
InfraBuild Secures $350 Million Loan For Purchasing US Assets
InfraBuild Australia Pty, part of Sanjeev Gupta’s metals empire, has secured an asset-backed term loan for $350 million
2023-05-28 23:26
Billionaires’ M&A Fight Ends With Revival of Solar Export Dream
Billionaire Mike Cannon-Brookes will revive a stalled plan to export solar power from Australia to Singapore after sealing
2023-05-26 14:16
China Warnings Flash Across Global Markets as Growth Disappoints
China’s muted economic rebound, and Beijing’s reluctance to deploy large-scale stimulus, are reverberating around the globe, crushing commodity
2023-05-25 15:51
Metals Markets Face Grueling Summer as Chinese Demand Falters
Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived
2023-05-25 08:56
New Zealand, BlueScope Spend $188 Million to Cut Steel Emissions
New Zealand’s government and BlueScope Steel Ltd.’s local unit will spend NZ$300 million ($188 million) to upgrade a
2023-05-21 09:20
Vale Moves Ahead With $2.7 Billion Amazon Mining Expansion in Clean-Steel Bet
Vale SA is plowing ahead with a $2.7 billion investment to expand iron output in Brazil’s Amazon, betting
2023-05-19 21:56
Australia’s Pro-Climate Government Approves First Coal Mine
Australia’s center-left Labor government has approved its first new coal mine since it came to power a year
2023-05-15 10:55
Japan’s Topix Index Edges Toward Highest Level Since 1990
Japan’s Topix rose, edging toward its highest close since August 1990, as foreign buying and locally driven corporate
2023-05-15 08:51
China, Australia Trade Ministers Meet in Beijing to Ease Dispute
China and Australia’s trade ministers will hold their first in-person economic dialog since 2019 on Friday as Canberra
2023-05-12 11:22
Consumer, Health Stocks Among Few Winners in Australia’s Budget
Consumer, health and energy shares are among just a handful of stock winners in Australia’s budget, as the
2023-05-10 09:21