Peruvian president advocates for sustainable mining

The Critical Raw Materials Act (CRMA) unveiled by the EU adds the two major industrial metals to a list that had previously focused on more niche minerals.

Glencore Plc is willing to walk away from a $16 billion deal to buy aluminum from Russia’s No. 1 producer.

Larger rivals BHP Group and Rio Tinto Group have already made billion-dollar moves to grow in copper in the past year.

Miner suspended ore processing operations on Feb. 23 after a Panama government order halted its loading permissions at the port.

Canada Nickel also announced it has closed its acquisition of the past-producing Texmont property.

Highlights include an indicated mineral resource of 23.3 million oz. of gold-equivalent within 641.93 million tonnes at a grade of 1.13 g/t.

The investors service maintained its 12-month price assumptions and medium-term sensitivity ranges for all commodities except coal.

With the high demand for critical minerals for the energy transition, countries like Chile, Mexico and Brazil have sought to review regulations and permitting.

Global markets were uneasy after Credit Suisse's biggest shareholder said it could not provide more financial support to the bank.