Anglo American has signed a memorandum of understanding with Swedish steel producer H2 Green Steel to work in tandem to advance low-carbon steelmaking processes. Under the terms of the deal, the two will study and trial iron ore from Anglo’s Kumba mines in South Africa and Minas-Rio mine in Brazil, which will serve as feedstock for H2 Green Steel’s direct…
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Teck confirms rumors: coal spin-off possible
Canadian miner Teck Resources, after multiple reports of rumors, confirmed it is considering a spin-out of its steelmaking coal business. Full story.
Read MoreCanada blocks Sukunka project
Glencore’s plan to develop the Sukunka steelmaking coal project in Western Canada has hit a major hurdle: the government’s rejection. Full article.
Read MoreChina considering end to Australian coal ban: report
Several global reports have cited new talks by Chinese officials toward the idea of ending a nearly two-year ban on Australian coal, in part by choppy supply chain waters. According to a 14 July Bloomberg report, a proposal will be prepared and submitted to senior leaders with a recommendation that Australian imports resume in Beijing. The impetus: easing tensions, as…
Read MoreTeck Resources provides steelmaking coal update
Canadian miner Teck Resources has released unaudited second quarter 2022 steelmaking coal sales volumes and realized prices. Read full article.
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