Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.
Brazil Mining News
Glencore expects its recently acquired Brazilian fuel distribution company Ale Combustíveis SA to pursue growth opportunities without making acquisitions.
Hydro was ordered to slash output by half at Alunorte after the company admitted to making unlicensed emissions of untreated water during severe rains.
South Korea, Brazil and Argentina will benefit from the measure.
"It is not just China."
Fabio Schvartsman said the company would ramp up annual production to 450 million tonnes only when prices rise.
Brazilian steelmaker Usiminas has hired Banco BTG Pactual SA to sell its 70 percent stake in its mining company.
There is little likelihood that Brazil's Samarco iron ore mine, a joint venture between Vale SA and BHP Billiton, will restart operations next year even though it expects to have all of the required licenses.
Brazilian steelmaker Usinas Siderurgicas de Minas Gerais SA will resume partial operations on Monday at its Ipatinga plant after an explosion injured 34 workers.
The blast was centered on a huge barrel-shaped piece of equipment that stores gases released during the steel production process.
The Brazilian steelmaker is also seeking to close a streaming deal next week with a Canadian bank for its mining output in coming years.
Brazilian steelmaker Usinas Siderurgicas de Minas Gerais said said none of the injuries were severe.
Samarco, a joint venture of Vale SA and BHP Billiton, expects to obtain next year all licenses needed to resume operations.
Samarco expects to obtain next year all licenses needed to resume operations suspended after the 2015 environmental disaster.
Miners and investors are poring over satellite images, tracking drilling rigs and quizzing company executives for clues.
By value, mineral exports are expected to increase to $30 billion from $28.37 billion last year.
The unexplored areas that have significant potential output of copper, gold, phosphate and other minerals.
The company might have found an exciting copper deposit in Brazil.
Brazilian authorities ordered Hydro in February to slash output from Alunorte, the world's largest alumina refinery.
Law firm leading the action says it has more than 3,000 investors signed up to pursue the miner for losses.
Brazil has been one of the hardest hit countries since the natural resources boom ended.
Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in May.
Eike Batista, who was once one of the richest men in the world, was found guilty of bribing former Rio de Janeiro governor Sergio Cabral in exchange for contracts.
OZ Minerals has announced that it has a relevant interest in Avanco of more than 90%, which means the company will now “compulsorily acquire” all of the remaining shares and acquire the fellow copper producer entirely.
The miner, which has set an exploration objective of adding one million gold equivalent ounces to Cerro Moro's mineral inventory, has hiked its exploration budget for 2018 to $11.2 million from $9 million.