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Rare earths: Australia prevents China’s Yuxiao from increasing its stake
Australian rare earths producer Northern Minerals said on Tuesday that the federal government had prevented its largest shareholder, China's Yuxiao Fund, from increasing its stake in the company on national interest grounds. Yuxiao Fund needed Foreign Investment...
Copper: Panama and First Quantum close to an agreement
The Panamanian government and Canada's First Quantum are close to an agreement on negotiations for the Cobre Panama copper mine management contract. The agreement could be reached in less than two weeks with only three issues remaining to be resolved, two of which are...
Copper: Stellantis invests $155 million in McEwen Copper
Carmaker Stellantis has invested $155 million to buy a minority stake in a copper mine in Argentina as part of its global push to secure raw materials for electric vehicle batteries. The company acquired a 14.2% stake in McEwen Copper, a subsidiary of Canadian McEwen...
EU-UK agreement reaches a solution for steel quotas
The European Commission (EC) and the UK government (UK) have agreed a solution for the movement of the most sensitive categories of steel from Britain to Northern Ireland, subject to tariff rate quotas (TRQs). Northern Ireland companies will now be able to use EU TRQs...