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Indonesia: New Proposals for Nickel Royalties
Indonesia's Ministry of Energy and Mineral Resources (ESDM) has made a proposal to revise royalties charged on nickel products. The announcement, made on March 8, concerns changes to the Pendapatan Negara Bukan Pajak (PNBP), or the state's non-tax revenue system....
Bauxite Market Dynamics: Trends and Implications for China
According to data updated as of March 7, the total weekly volume of bauxite arrivals at Chinese ports reached 3.889 million tons, marking a decrease of 681,400 tons from the previous week. This contraction in imports suggests a momentary slowdown in the supply flow of...
United States and Democratic Republic of Congo: Negotiations for a Critical Minerals Agreement
The United States is conducting “exploratory talks” with the Democratic Republic of Congo (DRC) on a potential agreement that would grant it access to the African country's critical minerals in exchange for military support. The news, reported by the Financial Times,...
Historic Agreement Between Anglo American and Codelco to Increase Copper Production
Multinational mining company Anglo American recently signed a memorandum of understanding (MoU) with Codelco, the Chilean state mining company, to create a new joint operating company. This strategic agreement aims to reorganize the copper market by increasing the...