The permit was issued to allow the miner to continue exporting copper concentrate while company representatives and government officials go on with the discussions around Freeport’s future operations.
Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices
Odisha state likely to produce 100m tonnes of ore in the 2017/18 fiscal year, in line with its target, despite authorities ordering closure of some mines.