Latest news with #HMSBergbau
News.com.au
a day ago
- Business
- News.com.au
Break it Down: Australian Mines' Sconi project attracts critical mineral offtake interest
Australian Mines' Sconi project has piqued the interest of German commodity trader HMS Bergbau for supply of critical minerals.
Mercury
a day ago
- Business
- Mercury
Break it Down: Australian Mines
Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. Stockhead's Break it Down brings you today's leading market news in under 90 seconds. In this episode, host Tylah Tully looks a formal expression of interest from globally recognised commodities trading house HMS Bergbau to procure nickel, cobalt and scandium from Australian Mines' (ASX:AUZ) Sconi project in Queensland - which could now potentially find funding under Germany's critical mineral strategy. Watch the video to learn more. While Australian Mines is a Stockhead advertiser, it did not sponsor this content. Originally published as Break it Down: Australian Mines' Sconi project attracts critical mineral offtake interest
Business Times
3 days ago
- Business
- Business Times
Asia's coal-reliant steel giants stall green transition: panellists
[SINGAPORE] Asia's steel giants are slowing the global green transition, as top producers China and India drag their feet on decarbonisation amid high costs and weak market demand – stalling progress in one of the world's top-emitting industries. During a panel discussion at Singapore International Ferrous Week last week, Claire Chong, senior analyst at shipbroker Thurlestone Shipping, said the steel industry's carbon-cutting efforts are being 'significantly delayed' largely due to the market's continued preference for cheap, low-grade iron ore over higher-grade alternatives essential for cleaner production. 'In the longer run, we are expected to move towards the higher grades. But right now, we are still not really seeing that demand very significantly… especially from China. I think their emphasis is still on cost-cutting,' she added. China, the world's dominant steel producer accounting for more than half of the global output, has been delaying its decarbonisation commitments. It continues to rely on coal-dependent blast furnaces and prefers cheap, low-grade iron ore over the high-grade variety essential for less carbon-intensive steelmaking. Jitendra Nanda, managing partner at Polish trading firm Balta, noted in a panel discussion that India, the world's second-largest steel producer, imported 5.1 million tonnes of metallurgical coke in 2024, up 35 per cent on the year. While the steel industry is responsible for 10 per cent of human carbon dioxide emissions, about 70 per cent of the global steel today is still produced by coal-fired blast furnaces, said Dr Lars Schernikau, shareholder of Germany-based commodity trading firm HMS Bergbau in his keynote speech last week. A NEWSLETTER FOR YOU Friday, 12.30 pm ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. Sign Up Sign Up Alongside this, tepid demand for premium-priced green steel in Asia and the steep capital outlay required to overhaul production methods are further dimming prospects of cleaning up one of the world's most carbon-intensive industries. Industry players told The Business Times that Chinese buyers, a critical market force, have become increasingly 'price-sensitive' and are willing to buy low-grade ore as long as the price is attractive. This has driven up the supply of low-grade iron ore, and further stalled the already sluggish green transition. Not fired up by other options too Shifting to high-grade iron ore to enable steelmaking with cleaner energy sources, such as hydrogen, is widely seen as a viable path forward. The industry could also reduce emissions by recycling steel scrap through electric arc furnaces and capturing carbon from coal-based blast furnaces. However, China still lacks a carbon market, and the creation of one will not be happening anytime soon, highlighted Rodrigo Echeverri, director of Carbon Research. Since there is no penalty for the emissions, low-grade ore will be around for a long while, he noted. Meanwhile, replacing coal-powered furnaces to facilitate scrap recycling remains a costly hurdle, with the high capital expenditure proving prohibitive for many mills. Zhang Xinzhi, trader at Sino Crown International, pointed out that with Chinese steelmakers projecting declining margins, they are not willing to 'invest in air' and, hence, are delaying high-cost efforts that could result in lower returns. Dilemma is bad news for green goals The same story is being told about India. Amita Khurana, group chief of raw material procurement at Tata Steel, noted that relying on coal is still 'the most economical and optimal' way to produce steel. 'Coking coal is here to stay in the foreseeable future,' she said, highlighting the importance of coal for India's energy security and the need for a balance between decarbonisation and industry survival. Other parts of Asia have also been dealing with challenges related to the green transition. Hiromasa Yamamoto, executive vice-president of Japanese trading firm Hanwa, highlighted that securing a sufficient amount of quality scrap for recycling is another impediment given the current production needs. Meanwhile, the demand for green steel is also insignificant in Asia as major steel buyers are unwilling to swallow the premium prices, which could be more than US$200 per tonne. Yamamoto noted that while demand for green steel is high in Europe, it is still soft in the East, including Japan. He added that no country in Asia, except for Singapore, can afford the premiums for green steel.
Yahoo
18-05-2025
- Business
- Yahoo
HMS Bergbau's (ETR:HMU) Upcoming Dividend Will Be Larger Than Last Year's
HMS Bergbau AG (ETR:HMU) has announced that it will be increasing its periodic dividend on the 19th of August to €1.05, which will be 14% higher than last year's comparable payment amount of €0.92. This takes the annual payment to 3.2% of the current stock price, which is about average for the industry. Our free stock report includes 1 warning sign investors should be aware of before investing in HMS Bergbau. Read for free now. Unless the payments are sustainable, the dividend yield doesn't mean too much. However, HMS Bergbau's earnings easily cover the dividend. This means that most of what the business earns is being used to help it grow. Over the next year, EPS is forecast to expand by 25.7%. If the dividend continues along recent trends, we estimate the payout ratio will be 34%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for HMS Bergbau The company has maintained a consistent dividend for a few years now, but we would like to see a longer track record before relying on it. The dividend has gone from an annual total of €0.04 in 2022 to the most recent total annual payment of €0.92. This implies that the company grew its distributions at a yearly rate of about 184% over that duration. It is always nice to see strong dividend growth, but with such a short payment history we wouldn't be inclined to rely on it until a longer track record can be developed. Investors who have held shares in the company for the past few years will be happy with the dividend income they have received. Earnings growth is slow, but on the plus side, the dividend payout ratio is low and dividends could grow faster than earnings, if the company decides to increase its payout ratio. Overall, it's great to see the dividend being raised and that it is still in a sustainable range. The payout ratio looks good, but unfortunately the company's dividend track record isn't stellar. The payment isn't stellar, but it could make a decent addition to a dividend portfolio. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 1 warning sign for HMS Bergbau that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
