Australia to impose 16% dumping duty on certain types of Chinese aluminium

South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.

The price of the material that’s vital to the energy transition has plunged by around 80% since late 2022.

Copper production for the three months to June 30 also fell 14% from the year before.

Dominic Perrottet, the former leader of New South Wales, will serve as a US government and external affairs liaison.