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Zinc: trade unions and Tara Mines management meet but reopening date still dependent on price recovery
Fears of serious layoffs at Tara Mines were expressed by the parent company's CEO, Boliden, who threw cold water on hopes of a quick return to production. The Tara Mines unions, who met with management yesterday (Tuesday), said they were disappointed that the company...
Some Chinese steel mills have been ordered to limit production this year
Several Chinese steel mills have been instructed to limit production this year to the same level as in 2022, threatening to curb demand for iron ore in the world's largest steel market. Three steel mills owned by the world's largest steel producer, the state-owned...
Stainless steel: Chinese exports increased by 3.22% in June
China imported 118,100 tonnes of stainless steel in June, down 16.67% month-on-month and 56.47% year-on-year, while it exported 343,300 tonnes of stainless steel, down 2.48% month-on-month and 29.92% year-on-year. China's imports and exports of stainless steel...
Imperial Metals reports an increase in copper and gold production
Imperial Metals reported an increase in quarterly copper and gold production, with its Mount Polley and Red Chris mines in British Columbia up in the three months ended June. The TSX-listed company's production for the second quarter was 11.18 million pounds of copper...