nickel

Global Mining: United States to invest in recycling critical minerals

Posted on January 30, 2019January 30, 2019 by Mozambique Resources Post

The rise of electric vehicles is breaking economic dependence on fossil fuels but could also open up a new dependence on critical minerals – cobalt, nickel, lithium, etc. – from a small number of places such as the Democratic Republic of Congo.

Global Mining: Vale’s Sudbury assets finally come of age

Posted on November 5, 2014 by Mozambique Resources Post

Even with iron ore prices in the gutter, the national currency at a low ebb, a chief executive touted as the country’s next finance minister and the posting of a hefty September quarter loss, Brazil’s Vale still seems to have something to cheer about, the Mining Journal reports.

GLOBAL MINING: Vale profit falls; prices undermine record output

Posted on August 5, 2014 by Mozambique Resources Post

Brazilian miner Vale posted a sharp decline in profit from the previous quarter as lower iron-ore prices undermined record production of the steel-making ingredient. Vale, the world’s largest producer of iron ore, reported second-quarter net income of $1.43-billion, down 43% on the previous quarter and below the average analyst estimate of $1.89-billion in a Reuters survey.

Metals & Energy Market Analysis by CTA

Posted on June 13, 2014 by Mozambique Resources Post

The metals prices (aluminum, iron ore, copper, tin, zinc, lead and nickel), have been falling, although aluminum is on the rise, while the energy sector (oil, gas natural and coal) prices rose despite the falling price of coal.