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Codelco is looking for lithium in the second largest salt pans in Chile
Codelco, the world's No. 1 copper producer, owned by the Chilean state, will continue with plans to explore lithium in the Maricunga salt pans, the second largest in the country in terms of reserves, after receiving the approval of the local environmental authorities....
Copper prices rise as China moves away from Australia
The price of copper on Friday attempted a new record of two and a half years, while Chinese foundries are in a political dispute with Canberra. Reports that China has unofficially banned imports of Australian copper concentrate have forced the country's refineries,...
Stronger Chinese sales keep traders’ steel stocks down
Steel demand throughout China remains stable, a trend highlighted by the prolonged decline in the volume of stocks of five major steel products. New data show that the volume held by traders from 30 October to 5 November decreased by 5.9% per week and was reduced for...
Tanzania finalises permit for its first rare earth mine
Tanzania is in the final stage of approving a permit for the country's first rare earth mine to the Australian company Peak Resources Ltd., as the government seeks to obtain a larger share of revenue from natural resources. The state is also finalizing a gold mining...