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Iron ore: Vale reduces metal supply
Vale SA produced more than analysts expected and outperformed both the previous quarter and the year-ago period, as part of an ongoing recovery from the 2019 tailings dam disaster and thanks to better weather. But with iron ore futures down more than 40% from their...
Copper: potential blockage of key mining road leading to Las Bambas mine
A Peruvian community will block a key mining road used by MMG’s Las Bambas copper mine in protest after failed negotiations with the Andean nation’s government, a community leader told Reuters on Monday. Victor Limaypuma, the president of the Cotabambas...
Copper – Aluminium – Zinc: Rising prices as the energy crisis unfolds
The world’s major metals continued to climb on Friday, with zinc posting its biggest daily gain in six years after hitting a 14-year high on Wednesday and aluminium holding close to a 13-year high, as energy shortages continue to disrupt the global supply chain....
Copper: Chinese investment projects abroad
China consumes nearly 14 million tonnes of copper each year, more than the rest of the world combined. But domestic supply last year was only about 2 million tonnes, including scrap, and mined production has been stagnant for years. Imported concentrate, from some 30...