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Copper: Codelco’s CEO resigns
The CEO of Chilean state mining giant Codelco is resigning after only a year in office, citing personal reasons and 'complexities' in running the world's largest copper producer. Andre Sougarret, a respected engineer who came to prominence for leading the rescue of 33...
Lithium: India considers a mining royalty of 3% of the LME price
The Indian federal government plans to set the royalty rate that mining companies must pay for lithium extraction at 3% of the prevailing London Metal Exchange (LME) price. India, which is exploring ways to secure supplies of lithium – a key raw material used to...
Nickel: Panoramic suspends production in Savannah
Mining company Panoramic Resources has suspended ore processing and nickel concentrate production at its Savannah nickel project in Western Australia, while also revising production forecasts. The company said that a crack was discovered in the filter press pressure...
Billet steel: imports from Turkey increased by 128.8 per cent in January-April
According to data provided by the Turkish Statistical Institute (TUIK), Turkey's billet and bloom imports totalled 426,423 tonnes in April this year, an increase of 14.5% from the previous month and 112.3% year-on-year. Revenues from these imports amounted to $264.36...