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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...
Zinc: Glencore reaches agreement
Reuters reported that Glencore Plc has agreed to pay $9.85 million to settle a private antitrust lawsuit in the US accusing two units of the Anglo-Swiss mining company of trying to monopolise the zinc market, driving up its price. The preliminary settlement revealed...