China net steel importer in May

Rio Tinto’s Kennecott mine in Utah now runs entirely on renewable diesel, giving it one of the lowest carbon footprints among US copper producers.

Rio Tinto confirmed the death of a contracting company employee at the SimFer port site in Guinea, offering condolences and support to those affected.

Southern Ports and Gold Valley marked a milestone as MV Sifnos departed the Port of Esperance with 78,000t of iron ore.

Arc Infrastructure has launched Gold Valley Iron Ore train services, with the inaugural train transporting ore from West Kalgoorlie to Esperance.

Liquified natural gas is unlikely to displace coal in China’s energy transition, as the country prioritises domestic energy sources over imported LNG.

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.