Iron ore futures in Dalian fell on Monday 23/10 due to ongoing concerns about China's real estate crisis and signs of weakening demand from Chinese steel mills, Reuters reported.
Deputies of the State Duma Committee on Ecology, Natural Resources and Environmental Protection approved for the first reading the amendments to the law “On Subsoil” developed by the Russian Ministry of Natural Resources. The amendments provide for the possibility of selling licenses to search for mineral resources, as well as the admission of private investment in the regional, that is, the earliest stage of geological exploration.
Metalloinvest is working together with leading Russian industrial companies and scientific organizations to develop technologies for the production and use of low-carbon hydrogen.
The world’s largest copper producers have warned that there is a lack of mines under development to deliver enough of the metal to keep pace with the clean energy transition.
The online broadcast of all conference meetings will be available on the Geo Webinars Platform. Access to the broadcast is free, pre-registration is required.
On October 4 and 5, 2023, the 19th Mining Forum and exhibition MINEX Russia 2023 will be held in Moscow, Radisson Slavyanskaya. This year the forum is held under the theme «Transformation of the mining industry in the context of regional development - a marathon of opportunities».
The Russian diamond mining company ALROSA, at the request of the Council for the Promotion of the Export of Precious Stones and Jewelry of India, will temporarily suspend the distribution of rough diamonds in September and October due to low demand. This was reported in the Indian regulator.
According to a survey conducted on the readiness of industry enterprises to develop industrial solutions, 54% of enterprises have plans to fully replace Western software solutions on the horizon of 3-5 years.
The tripartite agreement was signed by Mikhail Degtyarev, Governor of the Khabarovsk Territory, Konstantin Beyrit, President of PJSC Seligdar, and Viktor Yevtukhov, State Secretary - Deputy Minister of Industry and Trade of Russia.
The mining company Solar, which is a subsidiary of the French Orano group, has suspended uranium production in Niger due to a shortage of necessary reagents amid sanctions against the African country.