Hydro says Russian metal threatens LME benchmark, Rusal hits back
While there are no sanctions on Russian metal, consumers are ignoring aluminium produced by Rusal, which accounts for 6% of global supplies.
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Western Australia’s mining sector was key for post-covid-19 economic recovery – report
International trade and a thriving mining and resources sector were crucial for the recovery of Western Australia’s economy following the covid-19 pandemic.
Excellon Resources acquisition of La Negra falls through
Excellon's two board members have resigned after the mine seller unexpectedly sent it a notice terminating the transaction.
At international deep sea mining meeting, debate moves behind closed doors
The ISA cut a livestream of its members negotiations and retreated behind closed doors in an attempt to resolve a dilemma the could determine the fate of the deep ocean.
Ecuador, SolGold seal deal to launch nearly $5bn mining project
Construction of the Cascabel mine is seen starting in 2025, with operations kicking off in 2030.
Austral Gold begins commissioning of Chilean heap reprocessing project
Production is expected later this month, lasting until 2033.
Chile wants to boost local copper smelting capacity to rely less on Asian plants
The proposal follows the decision of state-owned miner Codelco to close its Ventanas smelter for environmental reasons.
LME expects more fast-track listings after approval of new nickel brand
The exchange has approved nickel produced by a subsidiary of China's Zhejiang Huayou Cobalt.
US imposes sanctions on Russian copper producer UMMC
As of 2020, it was producing around 40% of Russian copper.
