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Copper: First Quantum signs $500m deal with Jiangxi amid Panama mine woes
First Quantum Minerals said on Wednesday that it will receive a $500m injection from Jiangxi Copper, the Canadian miner's largest shareholder, to help it shore up finances. The three-year prepayment agreement with Jiangxi will see First Quantum deliver 50,000 tonnes...
Aluminium: recycling of beverage cans reaches a new record level of 76%
The latest report from Metal Packaging Europe and European Aluminium shows that the overall recycling rate of aluminium beverage cans in the European Union (EU), the UK, Switzerland, Norway and Iceland increased by 3.2% to a new record level of 76% (76.1%). The total...
Metallurgical coal: US producers expand production and investment
Metallurgical coal producers are seeking favourable prices in a tight market and are pushing ahead with plans to develop and start up relatively new mining projects in the US. Several US companies have focused more on metallurgical grade coal, used in the steelmaking...
Tin: China’s supply shrinks steadily
China's tin supply suffered another blow after a key mining region in neighbouring Myanmar raised taxes on exports. The state of Wa, an autonomous area of Myanmar controlled by an armed ethnic group, imposed a 30% in-kind tax on all tin concentrate exports as of 7...