China’s copper plants consider cuts after years of breakneck growth

Years of relentless growth are finally catching up with China’s copper smelters.

Buenaventura sees Antofagasta as ally in copper growth plans

Mining News Pro - After a few weeks digesting Antofagasta Plc’s surprise entry into its shareholder register, Buenaventura sees the new investor as an ally in its copper growth plans rather than a rival eying control of the Peruvian firm.

GolGohar Company should two important things for growth

Mining News Pro - Chairman of the board of IMIDRO says that GolGohar Mining Company must focus on economic production and export-based productions in order to grow.

Barrick CEO says focused on organic growth

Mining News Pro - Barrick Gold’s CEO on Thursday expressed a desire to grow the company’s copper business organically when asked about interest in buying fellow Canadian miner First Quantum Minerals after its shares lost nearly half their value earlier this week.

36% growth of Chadormalu Company’s income in 8 months of 1402

Mining News Pro - Chadormalu Mining and Industrial Company recorded a significant income in 8 months of this year with of 373 thousand billion Rials.

Hormozgan Steel Company is the leader of "production growth" in Iran’s steel industry

Mining News Pro - Since the beginning of this year, Hormozgan Steel has been the leader of the production growth in the country's steel industry by registering a 7.5% jump in the production of metal and 23% in DRI production.

The 33.2% share of Mobarakeh Steel Group in the 8.8% growth of Iran's steel production

Mining News Pro - The vice president of operation of Mobarakeh Steel said: The report of the World Steel Association in May 2023 indicates that despite the 5.1% decrease in global steel production, the steel production of Iran has experienced an 8.8% growth, and Mobarakeh Steel Group has increased by 33% during this period. It has produced 2% of the country's total steel.

Innovation in EVs seen denting copper demand growth potential

Mining News Pro - New electric vehicles from Tesla and rivals are being engineered for efficiency in a way that cuts copper content, changes that could limit demand growth for the metal as the next-generation of EVs hits the road, industry analysts say.

Renewables growth did not dent fossil fuel dominance in 2022

Mining News Pro - Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry’s Statistical Review of World Energy report said on Monday.

First Mining finds growth potential at Springpole gold project

Mining News Pro - Canada’s First Mining Gold said on Wednesday it had identified additional mineralization at its Springpole gold project in Northwestern Ontario thanks to its 2022 drilling program.

Botswana mining growth seen flat amid dim diamond outlook

Mining News Pro - Botswana expects output from its mining sector to be flat this year, as the diamond industry loses its sparkle due to a contraction in consumer spending and weaker demand for diamond jewellery, a finance ministry official said on Wednesday.

Albemarle expects 40% Chinese EV market growth to drive lithium demand

Mining News Pro - Lithium giant Albemarle Corp expects China’s electric vehicle (EV) market to grow 40% this year, or at least by 3 million vehicles, boosting demand for the battery metal in the world’s largest auto market.

Chile mine delays to slow copper growth

Mining News Pro - Copper production in Chile, the world’s largest producer of the red metal, will grow at a slower rate this decade than previously hoped, a government report seen by Reuters showed, with peak output later and lower than estimated a year ago.

Albemarle calls for high lithium prices to fuel EV industry growth

Mining News Pro - Albemarle Corp on Tuesday called for lithium prices to remain high indefinitely in order to help the mining industry develop new sources of the electric vehicle (EV) battery metal and fuel the green energy transition.

Albemarle calls for high lithium prices to fuel EV industry growth

Mining News Pro - Albemarle Corp on Tuesday called for lithium prices to remain high indefinitely in order to help the mining industry develop new sources of the electric vehicle (EV) battery metal and fuel the green energy transition.

5% growth of copper discoveries until the end of June this year

Mining News Pro - By the end of June, copper discoveries managed to register a 5% growth compared to the forecasted plan.

Metals rout deepens as China lockdowns add to growth fears

Mining News Pro - Base metals slumped, with copper falling further after capping its fifth consecutive monthly loss — the longest downward streak since the 2008 financial crisis — after China’s lockdown of megacity Chengdu added to demand woes.

Moody’s cuts metals price calls amid slowing global growth

Mining News Pro - Credit rating firm Moody’s Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand.

Peru lowers 2022 growth forecast and abandons mining tax hike plan

Mining News Pro - Peru on Thursday lowered the country’s economic growth forecast to 3.3% this year, the finance minister said, and officially abandoned a plan to hike taxes on the mining industry amid falling metal prices, high inflation and slowing growth.

11% growth in crude steel production in Mobarakeh-Sangan Steel Group

Mining News Pro - From the beginning of April to the end of June, the pellet production of Mobarakeh Steel Group (Mobarakeh and Sangan Steel Company) increased by 6.6 percent compared to the same period of the previous year to three million and 303 thousand tons.

China’s hunger for commodities is wavering after years of growth

Mining News Pro - China’s imports of key commodities face some mighty headwinds in the second half, which could spell trouble for the producers around the globe that rely on its economic engine to power demand for their energy, food, and materials.

Gold price gains as investors weigh growth concerns; palladium price jumps

Mining News Pro - Gold held onto gains and headed for its first weekly advance since early June as investors weighed renewed concerns over economic growth.

Copper price down as growth outlook deteriorates

Mining News Pro - Copper prices fell on Tuesday as worries about demand in China and elsewhere due to a slowdown in growth were reinforced by rising inventories, while a lower US dollar provided some support.

Global iron ore production growth to accelerate until 2026

Mining News Pro - Global iron ore production growth will accelerate in the coming years, bringing an end to the stagnation that has persisted since iron ore prices hit a decade-low average of $55 a tonne in 2015, market analyst Fitch Solutions asserts in its latest industry report.

Gold’s haven appeal burnished by drumbeat of growth warnings

Mining News Pro - Gold could be heading for another rally, with warnings over a global economic slowdown paving the way for a fresh push toward $2,000 an ounce.

Esfahan Mobarakeh Steel co.
HOSCO
khuzestan steel
chadormalu Co.
ghadir neiriz co
IranAluminaJaajarm
sangan steel
ahan o fulad golgohar