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Brazil’s Amapá iron ore project has entered the hot‑testing phase, with the target of producing 380,000 tonnes per year of high‑grade iron concentrate remaining unchanged.

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26-09

// Blog

Brazil’s Amapá iron ore project has entered the hot‑testing phase, with the target of producing 380,000 tonnes per year of high‑grade iron concentrate remaining unchanged.

Brazil’s Amapá Iron Ore Project Enters Hot-Testing Phase; Annual Production Target of 380,000 Tons of High-Grade Iron Concentrate Remains Unchanged According to Mining Weekly, UK‑listed mining investment firm Cadence Minerals recently announced that the Azteca concentrator at its Brazilian Amapá iron ore project has officially entered the hot‑testing phase, marking further progress in the project’s development. Cadence currently holds a 36.2% stake in Pedra Branca Alliance, which in turn owns 100% of DEV Mineração, the operating company for the Amapá project. Following the completion of cold‑testing and wet‑commissioning, DEV Mineração has begun processing actual ore using existing feedstock to evaluate the Azteca concentrator’s throughput capacity, iron concentrate grade, and recovery rates under varying load conditions. Current test loads range from approximately 25% to 50% of the design capacity, with the aim of progressively validating the performance of equipment and process systems.

Costa Rican Client Visits CHUANGCAI GROUP LIMITED

23

26-09

// Blog

Costa Rican Client Visits CHUANGCAI GROUP LIMITED

Export prices for hot-rolled coils and slab in the CIS have declined.

07

26-09

// Blog

Export prices for hot-rolled coils and slab in the CIS have declined.

CIS hot-rolled coil and slab export prices declined. As of the week ending September 1, Russian hot-rolled coil and slab export prices fell further, amid the ongoing disruption to Black Sea trade routes. The FOB price for CIS black sea hot-rolled coil stood at USD 500–520 per tonne, down from last week’s range of USD 520–533 per tonne; the FOB price for CIS black sea slab was USD 475–497 per tonne, a decrease from last week’s USD 482–497 per tonne.

Tanzania’s $77 million iron ore project has entered the construction phase, with an annual production capacity of 1 million tonnes of direct reduced iron.

02

26-09

// Blog

Tanzania’s $77 million iron ore project has entered the construction phase, with an annual production capacity of 1 million tonnes of direct reduced iron.

Tanzania’s $77 million iron ore project has entered the construction phase, with an annual production capacity of 1 million tonnes of sponge iron. According to the Tanzania Citizen newspaper, Tanzania has made new progress in promoting local iron ore production. The Maganga Matitu iron ore project, with a total investment of US$77.4 million, has officially moved into the construction stage. With mining equipment gradually arriving on site and the project area now connected to the national power grid, Tanzania is one step closer to achieving domestic iron ore processing and supplying steelmakers with locally produced raw materials.

The shutdown of Libyan steel mills could tighten HBI supplies in the Middle East and North Africa.

26

26-08

// Blog

The shutdown of Libyan steel mills could tighten HBI supplies in the Middle East and North Africa.

Libyan Steel Plant Shutdown May Tighten HBI Supply in the Middle East and North Africa Due to a severe electricity shortage, the Libyan government has ordered the state-owned steel company LISCO to suspend production, a move that could lead to tighter supplies for major buyers of hot-briquetted iron (HBI) in the Middle East and North Africa. According to a statement released on August 20 by the Libyan government’s official media platform, the prime minister instructed LISCO to immediately halt its production lines and connect its captive power plant to the national grid. Earlier this year, Libya’s steel industry had already faced challenges: data from the World Steel Association show that crude steel output in the first half of the year totaled 381,914 tonnes, down 31.8% year-on-year.

Chuangcai Group – A primary manufacturer of sheet metal with 15 years of experience, dedicated to serving global B2B clients; minimum order quantity of 25 tons.

19

26-08

// Blog

Chuangcai Group – A primary manufacturer of sheet metal with 15 years of experience, dedicated to serving global B2B clients; minimum order quantity of 25 tons.

Chuangcai Group is a professional Chinese manufacturer and exporter of metal roofing & building steel sheets with 15 years of overseas export experience. We exclusively serveoverseas importers, wholesalers, trading companies and project contractors. MOQ: 25 tons. No individual or end-user orders.

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