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Uranium: price jumps to 15-year highs as major miner reports production deficit
Uranium prices jumped on Friday to almost 15-year highs after the world's largest producer, Kazakhstan's Kazatomprom, warned that it will probably miss its production targets in the next two years. The producer cited sulphuric acid shortages and delays in the...
Equador: the country strengthens security in mines and ports
Ecuador's government tightened security at mines, ports and power lines on 10 January, as the country struggles to control a crime wave that has left at least 10 people dead. On 9 January, gunmen linked to drug trafficking bombed police stations and stormed facilities...
The UK will impose a carbon tax on steel and aluminium production
The Treasury recently announced that the UK intends to impose a carbon tax on certain metals and natural resources imported into the country by 2027. According to the 19 December announcement, steel, aluminium and iron ore will be subject to the tax. This tax is...
Critical minerals: EU hunting for supplies to end dependence on China
The European Union's (EU) law to ensure the supply of minerals crucial to the green and digital transition and to end dependence on China will come into force early next year after receiving final approval this month. The Critical Raw Materials Act (CRMA) is designed...