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Copper: excess profits will be subject to extra taxation
The country's economy minister has reported that 'excess profits' that mining companies have made from the surge in global metal prices will be subject to extra taxation. According to the country's economy and finance minister Oscar Graham, the focus remains on excess...
Copper – Aluminium – Lead: London metal exchange suspends Russian metals
The London Metal Exchange (LME) has suspended deliveries of some Russian metals to its warehouses due to a recent increase in import duties. The move was announced by the exchange early Friday. Following the UK's announcement of an additional 35% duty on imports of...
Lithium: Serbian elections could improve Rio Tinto’s project chances
Rio Tinto could stand a chance of seeing the licence for its $2.4bn Jadar lithium project in Serbia reinstated if the country's pro-mining president, Aleksandar Vučić, and his Serbian Progressive Party (SNS) win elections this weekend. The country goes to the polls on...
Titanium: Airbus seeks alternative sources to Russia to safeguard production
Airbus SE is looking for alternative sources of titanium to ensure that a lack of access to the lightweight metal does not interfere with the aircraft manufacturer's plan to increase production. The planned increase to a rate of 65 A320 aircraft per month by mid-2023...