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Albemarle goes ahead with expansions despite the weakness of the lithium market
Albemarle Corp, the no. 1 lithium producer, is proceeding with expansion projects in Kemerton in Western Australia and La Negra in Chile, both planned for next year. Delivering fourth quarter results, the US-based lithium giant expects higher-than-expected operating...
Japan’s steel stocks drop to a minimum of 10 years
Stocks of steel hot-rolled, cold-rolled and coated coils and sheets fell by 6.6% or 263,000 tonnes in the month to around 3.67 million tonnes by the end of September, according to the latest figures published by Nippon Steel on 2 November. The total, the lowest since...
China aims to achieve a 20% share of new energy vehicle sales by 2025
The Chinese government has launched a new development plan for the Energy Vehicle Industry (EVS) which will see EVS sales accounting for 20% of the country's total vehicle sales by 2025. The plan, which covers the period 2021 to 2035, will also see battery electric...
Delays for Chilean mining investments while the constitution is being rewritten
The world's leading copper industry in Chile will see a delay in investment for at least the next two years, while the country rewrites a constitution that has sustained almost three decades of mining growth in the South American nation. According to Diego Hernández,...