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German metal production will decline further in 2024
The German Metalworkers' Association (VDMA) expects the sector's production to extend its decline next year, with a 2 per cent drop dragged down by weak domestic and international orders. The VDMA's production forecasts for 2023 predict a 2% decline, adding that...
Copper: Russian company Udokan Copper launches a processing plant
Russian mining company Udokan Copper has commissioned processing equipment at its mining and metallurgical plant at the Udokan deposit, enabling it to produce copper concentrate. The company began construction of the Udokan plant to mine and process copper ore in...
Rare earths: Malaysia bans exports to stimulate domestic industry
Malaysia will develop a policy to ban the export of rare earth raw materials to prevent exploitation and loss of resources, becoming the latest country to restrict shipments of key minerals. Malaysia hosts only a fraction of the world's rare earth reserves, with an...
US and Saudi Arabia in talks to secure metals in Africa
The US and Saudi Arabia are in talks to secure metals in Africa needed to help with their energy transitions. A Saudi state-backed company would buy $15 billion worth of mining interests in African countries such as the Democratic Republic of Congo, Guinea, and...