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Zambia Suspends 15% Tax on Precious and Metals: New Opportunities for the Sector
The Zambian government has announced the suspension of the 15 percent export tax on precious stones and metals, a strategic move aimed at strengthening the country's competitiveness in the global market and attracting new investment. The decision, announced Wednesday...
The Rise of the Democratic Republic of Congo in the Copper Market: China’s Strategy and the New Global Dynamics
China is reaping the benefits of its massive mining investment in the Democratic Republic of Congo (DRC), with imports of refined copper soaring. In 2024, shipments from the African country to China increased 71 percent year-on-year to a total volume of 1.48 million...
Antofagasta Increases Profits by 11% Thanks to High Copper Prices
Chilean mining company Antofagasta has reported an 11 percent increase in annual operating profit, driven mainly by rising copper prices. Data released Tuesday show that EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) for the fiscal year rose to...
Stability in European Hot Rolled Steel (HRC) Prices: Prospects and Market Factors.
The European hot-rolled steel (HRC) market maintained stability in prices on Feb. 14, with industry participants expressing growing confidence that prices may rise in the near future. However, uncertainty related to recent U.S. tariff policies and the upcoming...