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Congo government and Chinese CMOC reach agreement on royalties
A royalties agreement has been reached between the Congo government and China's CMOC, paving the way for the resumption of mineral exports from the world's second largest cobalt mine. Copper and cobalt exports from Tenke Fungurume Mining (TFM) were suspended in July...
Copper: Anglo American production up 28% in Q1
Anglo American said on Tuesday that copper production increased by 28% in the first three months of the year to 178,100 tonnes, thanks mainly to the start-up of its new Quellaveco mine in Peru. Production from its Chilean operations, however, decreased by 15% during...
Steel: China’s robust exports in March are unsustainable and may decline in May-June
China's total semi-finished and finished steel exports reached the highest since June 2022 in March, thanks to strong order bookings received in January-February. However, this momentum is expected to reverse in the coming months, decreasing particularly in May and...
Coal – Ferrochrome: Glencore’s production in the first quarter
Glencore, a Swiss company that produces chromium in cooperation with Merafe Resources in South Africa, announced its production results for the first quarter of this year. Ferrochrome production attributable to Glencore's 79.5% share in the first quarter was 400,000...