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Zijin will expand copper mine in Tibet
Chinese mining group Zijin announced on Friday that it is proceeding with the second phase of a major expansion of its Julong copper project in Tibet, after receiving government approval. The permit will allow Zijin to increase the mine's capacity to 350,000 tonnes...
Copper: prices open in gap down due to a stronger dollar and increased stocks in China
Copper prices lost ground on Monday, weighed down by the strengthening US dollar ahead of key economic data and rising inventories in major consumer China. Three-month copper on the London Metal Exchange (LME) was down slightly by 0.42 percent at $8,524 a tonne (09:42...
Ukraine’s steel industry transformed after the Russian invasion with closer ties to the EU
This week marks two years since Russia invaded Ukraine on 24 February 2022, but despite the threats and challenges posed by the war, the Ukrainian steel industry has managed to adapt. New strategic partners The hostilities and the loss of vital logistical routes...
Aluminium, steel and gold: new sanctions on Russia by the US
An aluminium producer, a steel producer, gold miners and mining investment companies were included in a list of more than 500 individuals and entities subject to a wide range of new sanctions announced by the US Treasury, Commerce and State departments on 23 February....