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Plastic waste: ExxonMobil updates its recycling plan
ExxonMobil has updated its plan to chemically recycle difficult-to-recover plastic waste by announcing the construction of a facility in Baytown, Texas, which is expected to be operational by the end of 2022 with an initial capacity of 30,000 tonnes per year. This...
Zijin Mining acquires Neo Lithium for $737 million
China's Zijin Mining Group Co Ltd will buy Canada's Neo Lithium Corp for C$918.7m ($737.14m). Neo Lithium reported that the deal was unanimously approved by the board. In August, Chinese gold and copper miner Zijin reported that its lithium plan and other new energy...
Copper: price rises on concerns over supply disruption
Copper prices rose on Thursday as supply concerns resurfaced in Peru, the world's second-largest producer of the industrial metal after neighbouring Chile. Copper was up 2.32% from Wednesday's close. Inventories of the metal in warehouses on the Shanghai Futures...
Copper: Glencore will not proceed with the Coroccohuayco project
Glencore's Antapaccay copper mine in Peru has no plans to carry out its Coroccohuayco project this year or next, which has caused protests from nearby residents and the blocking of the road used to transport the copper. Residents are protesting the mine's...