Copper zinc and iron: Indonesia increases export taxes
Under new legislation in Indonesia, export taxes for copper concentrate will increase from 5% to 10% in an attempt to push miners to process the metals domestically rather than export the raw minerals. The tax is part of the government's attempt to promote the...
China will deepen cooperation with Algeria in several key areas
Chinese President Xi Jinping said in a meeting with Algerian President Abdelmadjid Tebboune that China will deepen cooperation with Algeria in several key sectors, including infrastructure and petrochemicals, as the North African nation seeks to strengthen economic...
Copper: prices fall as weak Chinese growth worsens demand prospects
Prices of copper and other base metals fell in London as investors continued to assess the impact of slow economic growth in China, the main metal consumer. Three-month copper on the London Metal Exchange (LME) fell 0.48 per cent to $7,453 a tonne at 12:16 p.m. (Italy...
The mining industry does not care enough about tyres
A 2020 study conducted in Australia provided startling numbers on the country's off-road tyre (OTR) industry. In 2019, the Australian mining industry generated as much as 68,100 tonnes of used tyres. Of these, 93%, or 63,300 tonnes, were disposed of on-site, stacked...
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