Brazil’s president revokes decree allowing mining in Amazon
It would have opened up for mining a vast national reserve in the country’s Amazon, larger than the size of Switzerland.
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BHP says 2017 a ‘tipping point’ for electric cars
Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.
Copper claws back lost ground after four-day run lower
Copper rose on Tuesday, snapping four straight days of losses as a rally in oil prices to more than two-year highs boosted commodities more broadly, and on longer-term expectations that demand will grow and supply remain constrained.
ABB teams up with Northvolt on Europe’s biggest battery plant
Swedish project, envisioned on scale of Tesla's Gigafactory, aims to cater to auto industry, compete with Asian suppliers.
US landowners oppose Canadian company’s gold search
Mineral Mountain Resources wants to drill 20 holes on federal land a couple miles south of the community of Rochford
China wants to reduce winter pollution by cutting steel production
China is expected to slash in half the rate of steel production in Tangshan, a city in the north-east that produces 11 per cent of the country’s total output
China and Argentina to strengthen mining cooperation
The Asian giant is very interested in “intensifying investment trade and cooperation” with Argentina
PotashCorp hires banks to lead sale of stake in Chilean lithium producer
Rumours point at US chemical company Albenarle Corporation as the first potential buyer for PotashCorp interest in SQM, worth about $4.5 billion.
Aluminium producer Norsk Hydro warns of Brazil bauxite shortfall
The Mineracao Rio do Norte (MRN) bauxite mine is experiencing problems with its tailing systems due to a water shortage caused by dry weather.