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Barrick Gold: Chilean High Court ratifies Pascua Lama project closure
Chile's Supreme Court on Thursday ratified the final closure of the controversial $8.5bn Pascua Lama gold and copper mining project, owned by Canada's Barrick Gold, whose closure had previously been ordered by the country's environmental regulator in 2018. The Andean...
Steel/Rebar: UK proposes lifting anti-dumping measures from China
The UK government has proposed the removal of anti-dumping measures on rebar from China to meet demand from the construction industry. In its initial findings, the UK Trade Remedies Authority proposed on 13 July to lift existing anti-dumping measures on imports of...
Iron ore: quotations rebound but steel prices fall due to China’s problems
Dalian and Singapore iron ore futures rebounded on Wednesday after data showed that Chinese exports grew at a faster-than-expected pace in June, rekindling hopes of a recovery in demand for the raw material for steel production. In June, Chinese exports grew at the...
Aluminium: Rio Tinto will increase production in Canada
Rio Tinto said on Wednesday it will invest $188 million to increase production capacity of low-carbon, high-value aluminium billets by 202,000 tonnes at its Alma smelter in Quebec. Rio Tinto said it will expand the existing casting centre at the Alma plant to...