Iron ore price up despite Chinese power curbs
China’s massive industrial base has been wrestling with sporadic jumps in power prices and usage curbs since March.
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Hudbay reaches agreement with unions in Manitoba
Hudbay has now completed the collective bargaining process with all of its unions in Manitoba.
China to auction another 150,000 tonnes of state metal reserves on Oct 9
In the fourth round of metal auctions this year, the administration will sell off 30,000 tonnes of copper, 50,000 tonnes of zinc and 70,000 tonnes of aluminum.
Nickel price tumbles on China’s power crunch
Residents in several northern provinces have already been dealing with blackouts, while traffic lights are being turned off.
Power costs could force metal producers from Europe – Eurometaux
Governments across Europe are coming under pressure to help curb soaring energy costs for companies and households caused by a global surge in wholesale gas prices.
South Africa miners back gradual move away from coal-fired power
About 60% of the country’s $302 billion economy is reliant on energy produced from coal.
Rio Tinto and Canadian union reach labour deal for British Columbia ops
Unifor, which represents about 900 workers at the miner's aluminum smelting plant in Kitimat and power generating facility in Kemano, had started a strike action in July.
EXPLAINER: What is behind China’s power crunch?
China is in the grip of a power crunch as a shortage of coal supplies, toughening emissions standards and strong demand from manufacturers and industry have pushed coal prices to record highs.
Indonesia state mining holding firm eyes end-2022 IPO for Inalum
The State-Owned Enterprises Ministry is currently in the process of separating MIND ID and its bauxite business, known as Inalum, into two entities.
