Large methane leak detected over South Africa coal mining region
The cloud was spotted about 125 kilometers east of Johannesburg in an area where Sasol Ltd. has several coal mines.
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Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
Zijin Mining's mine will have an initial average copper output of 91,000 tonnes a year, before reaching a peak of 135,000.
Fading ETF purchases will limit gold demand rise, Metals Focus says
Demand for gold from jewellers and central banks will recover in 2021 but remain below pre-pandemic levels, while buying of bullion by exchange traded funds will fall sharply, consultants said.
Aluminum industry faces big decarbonization challenges — report
An analysis by Wood Mackenzie states that aluminum’s role in the green economy may be dampened by the industry’s steep road to secure low-carbon power.
Weak emission standards may lead Europe to risk €27bn in battery investments — report
According to the European Federation for Transport and Environment, weak CO2 standards give carmakers little incentive to increase the sales of electric cars until 2030.
Sierra Metals granted key permit for Peruvian expansion
It allows the company to boost throughput by 20% to 3,600 tonnes/day at its flagship Yauricocha copper mine.
China to release copper, aluminium and zinc reserves to stabilize prices
Notice came as Beijing struggles to cool a surge in metal prices this year fuelled by a post-pandemic economic recovery, ample global liquidity and speculative buying that has dented manufacturers’ margins.
Britain in talks with 6 firms about building gigafactories for EV batteries
Ford, Nissan, LG and Samsung, Britishvolt and InoBat Auto are in talks with the British government or local authorities about locations for potential factories and financial support.
Canada, EU in raw materials pact to cut China reliance
“We as Europeans want to diversify our imports away from producers like China because we want more sustainability, less environmental damage and we want transparency on raw materials.”
