Zinc and lead: Almina-Minas stops operations at Aljustrel
Almina-Minas do Alentejo will stop production of zinc and lead concentrates at its Aljustrel plant from 24 September until the second quarter of 2025 due to too low zinc prices. Profitability has become an issue for zinc producers in Europe, who face falling prices...
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...
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...
Copper: prices rebound as signs of stabilisation in China lift demand prospects
LME copper prices rebounded on Monday after a weekly loss, buoyed by prospects for better demand from major consumer China on signs of stabilisation in the world's second-largest economy. Three-month copper on the London Metal Exchange was up 1.74 per cent at...
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