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Steel: British Steel seeks help from government
Senior British government officials have reportedly urged the country's Treasury to provide some $360 million in funding to British Steel so that the company can keep its furnaces in northern England in operation. British Steel, owned by China's Jingye Group, has...
Aluminum: Rusal seeks to supply additional low-carbon metal to China
Russian aluminum company United Co Rusal International is considering supplying more low-carbon aluminum to China due to increased demand for the metal from electric vehicle (EV) companies. Rusal Shanghai Economic and Trade Company vice president Huang Wenqian was...
Copper: final contract with mining company First Quantum presented
Panama's President Laurentino Cortizo said Monday that the government has presented Canadian miner First Quantum Minerals with a final contract to settle operations. During an address to the nation, Cortizo promised to abide by the Constitution in the negotiations and...
Copper: Chilean production fell 5.5 percent in November
Copper production in Chile, the world's largest producer of the metal, fell 5.5 percent year-on-year to 459,229 tons in November. Statistical agency INE, which released the figure, said the decline was partly due to lower ore quality and operational problems affecting...