Mexican mining chamber warns uncertainty to bring investment cuts

With prices spiking, manufacturers making wires and pipes are looking to aluminum.

Tesla CEO said that the company is shifting some cars to a type of battery that uses iron instead.

The lithium and borax miner said net loss after tax widened to $29.1 million for the half-year ended Dec. 31, from $18.9 million last year.

Company logged $4.9 billion in provisions related to the Brumadinho dam disaster in quarterly earnings.

Company upped output from its own mines by 2% in 2020 to 1.618 million tonnes, despite strict covid-19 measures.

Company will seek to push forward with several new and pending projects in the mineral-rich Andean nation as prices rise.

Bloomberg’s Dividend Forecasting team is projecting Vale will increase its payout to 2.697 reais a share from 1.41 reais in September.

Current prices would seem “far too low” if governments fulfill pledges for green infrastructure and electric-vehicle incentives, Concord Resources said.

Irisnaide Silva leads one indigenous group in the state of Roraima that defends mining diamond and gold in the Amazon.