Basic Materials

Basic Materials news section.
05.Dec.21 10:44 PM

Boral to sell fly ash business for $755 million

Dec 6, Australia - Australia's top construction materials maker Boral Ltd said on Monday it will sell its North American fly ash business for $755 million, marking its exit from the market as it looks to focus on its domestic business.
05.Dec.21 4:08 PM

Watch the Earth X-ray discovery platform for mining companies

Canada s Digital Technology Supercluster announced in November that it had invested $5.6 million in a group of companies led by Vancouver's Ideon Technologies to pioneer muon pads, the world's first Earth X-ray discovery platform.
03.Dec.21 7:50 AM

Hindustan Zinc shares up nearly 4% on board meeting

Shares of the mining firm Hindustan Zinc went up nearly 4% on December 3 after the company said its board would meet on December 7 to consider and approve interim dividends on equity shares for FY 22.
01.Dec.21 2:33 AM

China factory activity enters contraction in November

BEIJing Reuters' factory activity fell into contraction in November as subdued demand, shrinking employment and elevated prices weighed on manufacturers, a business survey showed on Wednesday.
01.Dec.21 1:42 AM

Chile Senate moves forward with copper royalty bill

SANTIAGO, Nov 30 Reuters says Chile's Senate on Tuesday pushed forward a bill to increase royalty payments from mining companies that are in the world's largest copper producer, a legislation that is backed by opposition lawmakers.
30.Nov.21 2:14 PM

Heavy rains hit lumber shipments in Canada after severe flooding

West Fraser Timber Co. LtdUTE one of Canada's largest lumber producers, said shipments fell by 25% to 30% in the second half of the month after severe flooding British Columbia.
29.Nov.21 6:54 PM

Vale slashes iron ore production guidance, lowers forecast

Vale SA gave some much needed supply-side support to a nascent recovery in iron ore prices, trimming its production guidance for this year and issuing a lower than expected projection for next year.