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No 1 source of global mining news and opinion
No 1 source of global mining news and opinion
Extreme weather, labour disputes and operational setbacks are testing Chile's copper industry as analysts question price gains.
Bank plans up to $10 billion in direct investments to strengthen supply chains, expand manufacturing and advance strategic technologies.
The plant will run on domestic iron ore, primarily from Minnesota's Iron Range, and Texas natural gas.
Copper dropped to its lowest in 10 days on Thursday as hotter-than-expected US inflation revived...
How iron ore went from a relic of the industrial age to the force that reshaped the global economy, in 49 moments and one price line.
Gold has dropped by more than a fifth since the start of the US-Iran war in late February.
Rising fuel and shipping expenses squeeze producers as weak Chinese demand and new supply push prices to two-year lows.
The news comes a day after US President Donald Trump announced “massive oil, gas and mineral exploration” was set to begin on the Danish Arctic island.
Mining consultants warn that investment pledges, permitting reforms and ambitious targets may not translate into output.
Macquarie’s collapse scenario needs Washington to rule tariffs out, which it rates least likely. More likely is limbo past January 1, with 1.5 million tonnes of US copper staying exactly where it is.
New Investment Canada Act rules will require certain types of minority investments into a mandatory pre-closing filing regime.
