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Copper: Expansion of the Mirador Mine in Ecuador: Opportunities and Challenges
The government of Ecuador is preparing to approve the ambitious expansion of the Mirador copper mine, operated by the local unit of the Chinese CRCC-Tongguan consortium, EcuaCorriente. This project, also known as Phase II, aims to significantly increase ore production...
Copper and Nickel: Vale and Its Ambitious Mining Expansion Plan in Brazil and Canada
Vale SA, the Brazilian mining giant, has announced bold plans to improve and expand its mining operations in Brazil and Canada, aiming to significantly increase copper and nickel production capacity over the next four years. The company plans to invest up to $3.3...
Maritime Transport Market Performance: Between Strong Demand and Rising Tariffs
Over the past week, ocean freight rates from Asia have remained stable, but have already started to rise with the introduction of the Peak Season Surcharge increases mid-month. This increase is driven by steady demand and persistent congestion in the Red Sea,...
Overhaul of Zaporizhstal’s Blast Furnace No. 4: A Step Forward in Industrial Sustainability
The Zaporizhstal steel mill, located in Ukraine and belonging to the Metinvest group, recently announced the start of repair work at its blast furnace No. 4. This overhaul project, involving an investment of more than UAH 92 million (or approximately USD 2.27...