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Copper: MMG closes Las Bambas mine after negotiations fail
Chinese company MMG will end copper production at its Las Bambas mine in Peru on December 18 after talks to end a 27-day roadblock, the latest of several in the last year, failed. Residents of Chumbivilcas province have been blocking the road used by Las Bambas since...
Scrap: China’s largest steel mill Baowu aims to use 50% of it
In line with the fact that China's Baowu Group recently unveiled a roadmap for its carbon reduction plans, the conglomerate also revealed a more intensive scrap utilization program. Baowu Group, the world's largest steel producer, recently stated that its electric...
Iron ore: Fortescue studies mine development in Gabon
Fortescue Metals Group reported Wednesday that it has entered into an agreement with the government of Gabon to study the development of an iron ore project in the West African country. The project, located in northeastern Gabon, has been progressively evaluated by...
Graphite: Chinese battery manufacturers grapple with price squeeze
As they scour the world for the lithium, nickel and cobalt resources needed to keep China at the top of the electric vehicle (EV) rankings, Chinese battery and EV manufacturers are concerned about the supply of another mineral closer to home, graphite. Graphite, in...