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Lundin stops operations at Candelaria mine in Chile
Lundin Mining in Canada will suspend operations at its copper mine in Candelaria, Chile, after failing to reach an agreement with a second trade union representing some 550 workers. "The illegal and violent actions promoted under the pretext of a legal strike by the...
Rio Tinto’s iron ore shipments decreased by 5% in the third quarter
Rio Tinto's Pilbara iron ore shipments were recorded at 82.1 million tons for the third quarter of 2020, down 5% from 86.7 million in the second quarter. Shipments decreased due to scheduled maintenance activities in the ports. Also on an annual basis, shipments...
China is changing the new rules on steel scrap to reduce dependence on iron ore imports
China is likely to launch the national standard on "recyclable steel raw materials" by the end of this year. lThe establishment of this standard will help to coordinate the use of recyclable steel raw materials both in China and abroad and ensure the promotion of...
Indonesia sees Chinese companies lead the “commitment” to nickel investment for 35 billion dollars
Indonesia plans to see investment in nickel processing, as well as the petrochemical sector, double to $35 billion by 2033, led by Chinese investors seeking to expand their activities in the largest economy in the southeast. Chinese steel and battery companies...