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Rio Tinto acquires a stake in Sovereign Metals focused on graphite
Rio Tinto has agreed to buy a 15% stake in Australia's Sovereign Metals for A$40.4m ($27.6m), becoming a major investor in the critical minerals developer. The move by the world's second-largest miner marks its first public move into the graphite sector as it...
Chilean police stop a copper theft in Escondida
Eleven people were arrested by Chilean police after they were caught stealing four bags of copper concentrate from BHP’s Escondida mine in northern Chile, the largest in the world. The thieves, however, intended to steal much more metal, as they were carrying...
Materie prime critiche: l’Italia cambia le condizioni per l’export
According to the declaration in the Italian Official Gazette, the government has changed the conditions for the export of critical raw materials. Scrap, including non-Italian scrap, falls into the category of ‘critical raw materials’ and its exports must...
Steel: Tangshan administration will reduce production in July
The Tangshan local government has asked Grade 11 A steel mills to reduce steel production by 30 per cent and steel mills of Grade B or lower to reduce sintering activities by 50 per cent from 1 to 31 July, as the city’s air quality continues to deteriorate. In...