China Nickel Ore Inventories Fall after Slight Increases for Two Weeks, SMM Reports 

According to Open Access Government, Canada Nickel Company is pioneering net-zero mining at its Crawford Project by integrating carbon mineralization directly into its workflow. The site, expected to produce over 48,000 tonnes of nickel and 500,000 tonnes of 304-grade stainless steel annually, utilizes ultramafic rocks to permanently sequester CO2. Through patent-pending In-Process Tailings (IPT) carbonation and a recent successful in-situ underground pilot funded by the US DOE, CO2 is converted into stable carbonate minerals. This dual approach not only offsets emissions but naturally fractures the rock, lowering energy and grinding costs. This positions Crawford as a scalable template for a net-zero industrial cluster, turning carbon management into a core value driver.

According to Bloomberg, the UK government defended its decision to hike out-of-quota steel import tariffs from 25% to 50% and slash import quotas by 60%, effective July 1. Trade Minister Chris Bryant argued the measures are crucial to shield the ailing domestic steel industry from "artificially low prices" driven by cheap imports, especially from China, and global tariff wars. Prime Minister Keir Starmer's administration insists these targeted protections are vital for maintaining a level playing field. Without such interventions, the UK risks losing thousands of jobs and becoming the only G7 nation without primary steel-making capabilities, following last year's state intervention to rescue British Steel.