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An abundance of aluminium scrap to spur US recyclers
The growing use of aluminium by transport and packaging firms in the United States has created an abundance of scrap and is encouraging recyclers to expand capacity in what industry analysts see as the start of a new trend. Those already expanding include Novelis, one...
Alamos Gold to hike dividend by 50% on ‘strong’ 2020 outlook
Canadian-based diversified gold miner Alamos Gold (TSX: AGI) has provided its production and operating guidance for the upcoming year. The company remains on track to meet its 2019 production and cost guidance, driven by strong performance from its Canadian operations...
Rio Tinto scores big win in Mongolia
The world’s second largest miner Rio Tinto (ASX, LON, NYSE: RIO) has scored a major win in Mongolia after the country’s parliament unanimously approved a resolution that reconfirms the validity of all the Oyu Tolgoi mine-related agreements approved since 2009. The...
China is redrawing the global copper scrap map
Less than three years after China told the World Trade Organization it was going to ban imports of “solid waste,” it is close to doing just that. Plastic imports have already stopped and the rest of the world is now trying to figure out what to do with all the stuff...