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Zinc and lead: the supply and demand situation
The International Lead and Zinc Study Group (ILZSG) has published global zinc and lead supply and demand data for 2023. ZINC Initial data compiled by the ILZSG for the year 2023 show that the global refined zinc metal market recorded a surplus of 205kt. Stocks in the...
Ferrous scrap: Red Sea disruption displaces trade from the Indian subcontinent
The ferrous scrap market in the Indian subcontinent, comprising India, Pakistan and Bangladesh, is experiencing a major shake-up due to the problems plaguing a vital trade route through the Red Sea. Traditionally, the main sources of scrap imports for the region have...
Vale declares that the operating licence of the Sossego copper mine has been suspended
Brazilian mining company Vale said on Wednesday it had received a letter from Pará State's environment secretary informing it of the suspension of the operating licence for its Sossego mine. The company said in a document that it is evaluating the necessary measures...
Copper: First Quantum signs $500m deal with Jiangxi amid Panama mine woes
First Quantum Minerals said on Wednesday that it will receive a $500m injection from Jiangxi Copper, the Canadian miner's largest shareholder, to help it shore up finances. The three-year prepayment agreement with Jiangxi will see First Quantum deliver 50,000 tonnes...