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A Limited Increase in Orders and Continued Pressure on European Stainless Steel Manufacturers
Despite a slight increase in orders in the first weeks of the new year, major European stainless steel producers continue to struggle to achieve adequate profit margins. The main cause of this difficulty lies in sluggish demand within the European region and...
Zambia Suspends 15% Tax on Precious and Metals: New Opportunities for the Sector
The Zambian government has announced the suspension of the 15 percent export tax on precious stones and metals, a strategic move aimed at strengthening the country's competitiveness in the global market and attracting new investment. The decision, announced Wednesday...
The Rise of the Democratic Republic of Congo in the Copper Market: China’s Strategy and the New Global Dynamics
China is reaping the benefits of its massive mining investment in the Democratic Republic of Congo (DRC), with imports of refined copper soaring. In 2024, shipments from the African country to China increased 71 percent year-on-year to a total volume of 1.48 million...
Antofagasta Increases Profits by 11% Thanks to High Copper Prices
Chilean mining company Antofagasta has reported an 11 percent increase in annual operating profit, driven mainly by rising copper prices. Data released Tuesday show that EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) for the fiscal year rose to...