Indonesia plans to hike tin royalty tariff, make it more progressive
The current royalty tariff for tin is set at 3% and imposed on production but based on the sale price.
Latest Stories
Piedmont Lithium looks abroad amid North Carolina uncertainty
Piedmont's first steps toward securing lithium supplies will be in Quebec or Ghana.
Chile copper workers begin nationwide strike over smelter closure
News of the strike comes amid an historic $583 million reinvestment plan for Codelco announced by the government.
New device allows for production of chameleon metal
The inspiration behind this work is what the group sees as a major barrier to advancing technology: the short supply of rhodium and palladium, globally, and their high prices.
Lithium Power to become sole owner of Chile project
Lithium Power is merging with its JV partners on the Maricunga project in Chile to become the asset’s sole owner.
Rio Tinto opens Gudai-Darri, its most technologically advanced mine in Pilbara
Its Rio's first greenfield mine in the Pilbara in more than a decade and a multi-billion-dollar investment.
Vale to spend $400 million in 2022 to remove tailings dams
The dam elimination program has already cost the company $857 million of the $4 billion it projects to spend by 2035.
Samarco and creditors to go through mediation about debt restructuring
A judge scheduled a conciliation hearing between the company and its creditors on Tuesday as the parties offered competing debt restructuring plans.
Russia eyes new rules on state’s gold, gem sales amid war
The Finance Ministry proposed this week to put a portion of the country’s gold and gems into a special reserve that can be accessed in times of war.
