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Freeport McMoRan postpones sales of refined copper from Indonesia until second quarter 2025
U.S. mining giant Freeport McMoRan has announced that it will postpone sales of refined copper produced in Indonesia until the second quarter of 2025. This postponement is due to a fire at its new Manyar smelter, located in East Java province, which has further...
Alcoa expects fourth quarter growth in alumina segment
U.S.-based multinational Alcoa Corporation, the world's leading aluminum producer, has announced expectations for improved performance in its alumina segment for the fourth quarter of 2024. The news was announced by chief financial officer, Molly S. Beerman, during...
European steel industry facing unprecedented crisis: EUROFER’s appeal to EU leaders
The European steel industry is facing one of the most serious crises in decades, a situation comparable to that experienced during the 2009 financial and economic crisis. In an urgent appeal to the presidents of EU member states, the European Steel Association...
Saudi Arabia and copper: Manara Minerals in talks to acquire a stake in First Quantum’s mines in Zambia
Saudi Arabia is consolidating its position in the global mineral resources market with a strategic move that could have a significant impact on the metals sector, which is essential to the global energy transition. Saudi mining company Manara Minerals, a joint venture...