Home: Alcoa powers up in Brazil as China aluminum powers down
After six years of lying idle, the Alumar aluminum smelter in Brazil is about to restart operations.
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Andrew Forrest spearheads global green hydrogen push
Hydrogen is widely touted as the best future option to decarbonize industries like steel, cement, fertilizers, shipping and aviation.
IMF to advise Peru on reform to increase mining taxes, says finance minister
Mining is a key source of tax revenue in Peru and the new leftist administration of President Pedro Castillo has repeatedly said it wants to increase mining taxes to pay for new social programs.
Top copper producers show some love for Peru’s leftist leader
Freeport-McMoRan boss Richard Adkerson said he was left “encouraged” from a recent meeting with President Pedro Castillo.
Value of battery metals in new electric cars surges 177% year-on-year
Lithium hydroxide prices are up 162% year to date and average lithium use per electric vehicle basis, including hybrids, jumped 19.5% year over year.
Cameco inks deals to supply fuel for small modular reactors
It will evaluate the potential establishment of a uranium supply chain capable of servicing a fleet of GWRX-300 small modular reactors.
Hudbay drills seventh zone at Copper World, near Rosemont in Arizona
Drilling this year identified three new deposits, making the total seven deposits over a 7-km strike at the project.
South Africa mines plan $2.7 billion investment in power generation
Mining companies have been pushing to develop their own power plants because of persistent power cuts imposed by state power utility Eskom.
Gemfields swings to profit after reopening mines
It posted a $23.8 million-net profit, which compares to a loss of $56.7 million in the same period last year.