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Critical minerals: Indonesia will propose a limited free trade agreement with the US
Indonesia will propose a free trade agreement for certain shipped minerals with the US so that companies in the electric vehicle battery supply chain operating in the country can benefit from US tax credits. Washington issued new guidance for electric vehicle tax...
Copper: Rio Tinto sells a stake in the La Granja mining project in Peru
The Rio Tinto Group recently agreed to sell a 55% majority stake in its La Granja copper mining project in Peru to First Quantum Minerals Ltd. The agreement calls for First Quantum to pay USD 105 million. The hope is that the sale will allow the project to progress...
LME Metal Exchange: Friday 7 and Monday 10 April closed for Easter holiday
On Friday 7 (Good Friday) and Monday 10 April (Easter) the LME Metal Exchange will be closed for the Easter holiday. Trading will resume as normal on Tuesday 11 April 2023. You are unauthorized to view this...
Aluminium: New Zealand smelter agrees with Meridian on demand flexibility to combat crisis
According to reports on 5 April, New Zealand Aluminium Smelter (NZAS) and Meridian Energy are likely to sign a new agreement that provides for flexible energy demand by the smelter in the event of grid stress or water shortages. The news came after Meridian submitted...