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Saudi Arabia and copper: Manara Minerals in talks to acquire a stake in First Quantum’s mines in Zambia
Saudi Arabia is consolidating its position in the global mineral resources market with a strategic move that could have a significant impact on the metals sector, which is essential to the global energy transition. Saudi mining company Manara Minerals, a joint venture...
Aluminum production growth in China: an overview of September 2024 and future prospects
In September 2024, aluminum production in China increased by 1.45 percent year-on-year, a result in line with expectations from the Shanghai Metal Market (SMM). This increase was driven by the resumption of operations in Sichuan and Guizhou provinces after technical...
Iron ore price trends in Asia and the outlook for the fourth quarter 2024
In the last few months of 2024, iron ore prices in Asia could benefit from a slight relief, despite rising inventories at ports. This positive glimmer is mainly due to the economic stimulus released by the Chinese government towards the end of the third quarter, which...
Rio Tinto reaches new milestones: bauxite production up sharply in third quarter 2024
Rio Tinto, one of the leading global mining groups, recently released its operating and production results for the third quarter of 2024, which ended Sept. 30. The company reported significant performance in various areas, with marked growth in bauxite production. The...