Ferrexpo hit with corporate rights restrictions for Ukraine subsidiaries

Iron ore pellet producer Ferrexpo said a court has prohibited the transfer of ownership and other shares-related corporate rights of the company’s subsidiaries in Ukraine.

EU, US step up Russian aluminum, nickel imports since Ukraine war

Mining News Pro - The European Union and United States have ramped up buying key industrial metals from Russia, data showed, despite logistical problems spurred by the war in Ukraine and tough talk about starving Moscow of foreign exchange revenue.

Hard Days of Iron and Steel Industry in Ukraine

Mining News Pro - In this eastern Ukrainian city, a Soviet-era mural stands boldly in front of Zaporizhstal iron and steel works.

Nuclear plant disaster in Ukraine is ‘real risk

Mining News Pro - Ukrainian officials said Russian forces shelled the area around Europe’s largest nuclear plant for a second day, hours after the head of the UN’s atomic safety agency warned of “potentially catastrophic consequences.”

BHP to speed up Jansen potash mine as Ukraine war weighs on supplies

Mining News Pro - BHP’s chief executive Mike Henry wants to gear up on the company’s $5.7 billion Jansen potash project in Canada as Russia’s invasion of Ukraine has caused major disruptions to global fertilizer supplies.

Russia’s war in Ukraine puts global energy transition at crossroad

Mining News Pro - Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change.

Russia’s war in Ukraine put global energy at risk

Mining News Pro - Russia’s invasion of Ukraine is upending the global transition away from fossil fuels in the fight against climate change.

Russia-Ukraine war could trigger global recession

Mining News Pro - The war in Ukraine could lead to a global recession, according to Jose Carlos Martins, Vale’s former Executive Director of Ferrous and Strategy.

Analysts adjust higher metal price assumptions on Russia-Ukraine conflict

Mining News Pro - Several analysts have adjusted higher their metal price assumptions for 2022 as the February Russian invasion of Ukraine drags on, wreaking havoc on global metals and mineral supply chains.

Gold price up on doubts over Ukraine ceasefire

Mining News Pro - Gold prices rebounded on Wednesday amid doubts over the possibility of a ceasefire between Russia and Ukraine. A retreat in dollar also helped to bolster the precious metal’s appeal.

European Steel Industry After Russia-Ukraine Conflict

Mining News Pro - Russia is the world's fifth biggest steel producer, while Ukraine comes in at 14th. The two combined account for a fifth of imports to the European Union.

World looks to Canada to fill potash, uranium void left by Ukraine

Mining News Pro - Buyers scrambling for supplies of potash and uranium are looking to Canada to fill gaps caused by the war in Ukraine.

Gold price slides on hopes of progress in Ukraine peace talks

Mining News Pro - Gold prices slid by over 1% on Monday as risk appetite improved amid cautious hopes for progress in peace talks between Ukraine and Russia.

Ukraine crisis rocks the London Metal Exchange

Mining News Pro - The war in Ukraine has engulfed the 145-year-old London Metal Exchange (LME), which sits at the epicentre of the global trade in industrial metals.

Russia and Ukraine Conflict affcted the Steel Industry

Mining News Pro - All Industries and Trade Forum president Badish Jindal said that the state owned steel companies have also increased their rates by Rs 5,000 to Rs 8,000 per tonne from March 1.

Rio Tinto cuts ties with Russian businesses over Ukraine war

Mining News Pro - Rio Tinto has become the first major mining company to announce it was cutting all ties with Russian businesses, joining a massive exodus of Western companies since Moscow’s invasion of Ukraine.

Russia’s Ukraine invasion to fuel reorientation of commodity markets

Mining News Pro - Russia’s invasion of Ukraine, already pushing up prices for an array of commodities rapidly higher since it began on Feb. 24 – including adding a record 250% to the price of nickel over the past two days – will have longer-lasting structural effects on metals and mining markets and supply, said BMO Metals and Mining in a report released on Monday.

Gold price approaching record high as Ukraine, inflation risks mount

Mining News Pro - Gold extended its blistering rally on Tuesday towards an all-time high as investors made a beeline for the haven metal on mounting fears about the Ukraine crisis and rising inflation.

Inflation, volatility from Ukraine war to have impact, says BHP CEO

Mining News Pro - Volatile commodity prices are having a “dramatic” impact on businesses, BHP Group CEO Mike Henry said on Tuesday, flagging inflationary concerns following Russia’s war on Ukraine.

Ukraine invasion sets back Musk’s dream for cheaper EVs, for now

Mining News Pro - Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.

Coal benchmark jumps 46% as Ukraine war stokes supply fears

Mining News Pro - Benchmark thermal coal in Asia, the largest market for the fuel, soared 46% to a record as concerns about disruption to supplies from Russia turbocharge concerns over tight energy markets.

Ukraine stays resilient, says Black Iron CEO as firm’s main shareholder increases stake

Mining News Pro - Canadian miner Black Iron’s largest shareholder has increased its ownership in the company to 15%, at a time when the iron ore developer has been forced to suspend work at its Shymanivske project in Ukraine, due to the ongoing Russian attack.

Iron ore price rises on Russia-Ukraine supply risks

Mining News Pro - Iron ore price rose on Wednesday on hopes that the Russia-Ukraine conflict will boost demand for Chinese steel overseas.

Asia’s coal imports decline, but Ukraine crisis will keep prices up

Mining News Pro - Asia’s imports of coal slumped in February as prices remained close to record highs for both thermal and coking grades, and the crisis in Ukraine means the cost of the fuel is unlikely to retreat any time soon.

Rusal halts alumina shipments from Ukraine

Mining News Pro - Russian aluminium producer Rusal the world’s top manufacturer of the metal outside China, has halted alumina shipments from its 1.75-Mtpa Nikolaev refinery, nearby the port of Mykolaiv in Ukraine, heightening disruptions to the alumina and aluminium market, consultancy firm Wood Mackenzie said on Monday in a research note.

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