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Steel: Tangshan administration will reduce production in July
The Tangshan local government has asked Grade 11 A steel mills to reduce steel production by 30 per cent and steel mills of Grade B or lower to reduce sintering activities by 50 per cent from 1 to 31 July, as the city’s air quality continues to deteriorate. In...
Glencore proposes to buy the remaining stake in PolyMet
Glencore Plc said on Monday it proposed to buy the remaining stake in copper miner PolyMet Mining that it does not yet own for about $71 million. The Swiss commodities trader already owns 82.26 per cent of PolyMet. Glencore is in the midst of a wider takeover bid for...
Lithium: Premier wants to settle lithium supply dispute with China’s Canmax
Premier African Minerals wants to resolve its lithium supply dispute with China's Canmax Technologies, seeking to avoid a lengthy legal battle that could disrupt operations. On Wednesday, the Chinese company said it would end the deal after Premier missed a May 2023...
EU countries extend recycling targets, adding aluminium
EU countries agreed on Friday to increase their proposed targets for recycling and processing raw materials needed for the green transition and added aluminium to the list of critical minerals. The Critical Raw Materials Act is a central element of the EU's strategy...