27
Aug
11:30
FMG, Tsingshan smelters may start construction in October
The Indonesian Minister of Maritime Affairs and Investment, Luhut Pandjaitan, said last week that the smelting plant joint venture between Australian miner FMG and China's Tsingshan Group will start the construction at the earliest in October 2021, Kallanish notes from a report by Reuters.
With total planned investment of around $100 billion over ten years, the smelting of iron, nickel and copper ores could start as early as 2023, acco…
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Anonymous
Very good overview of the weekly steel market.
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