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Rare Earth: EU considers aid for the production of magnets
The EU is working on proposals to revive domestic production of a type of magnet specialised in electric car engines, offering support to local producers so they can compete with Chinese rivals. The moves to support production of rare-earth permanent magnets would...
Lithium: Atomredmedzoloto plans mining on the Kola Peninsula
The Atomredmedzoloto mining subsidiary of Russia’s state nuclear energy company Rosatom plans to start producing lithium compounds in both the Kola Peninsula and the Irkutsk region of Siberia. Investment in lithium mining projects in Russia is estimated at over...
Copper: Zijin Mining cuts emissions at Bor smelter in Serbia
The town of Bor in Serbia has a decades-old air pollution problem due to its proximity to one of Europe’s largest copper mines. Excessive amounts of sulphur dioxide, a by-product produced by the copper smelting plant, have threatened the health of its...
Copper prices: bearish trend continues
Copper prices are on a downtrend after reports showed worsening manufacturing growth in the US and China. Chinese factory activity expanded in July at the slowest pace in 17 months, with the official purchasing managers’ index (PMI) falling to 50.4 from 50.9 in...