European power prices have rocketed this year mainly due to the rising price of natural gas used for power generation and heating, low renewable energy output and higher carbon prices.
Lopez Obrador's proposed legislation will no longer award concessions to mine lithium "and other strategic minerals" needed for the country's energy transition.
The latest leg-up in copper and zinc futures is coming on the heels of a global energy crunch that’s beginning to disrupt the smelters that many miners depend on to process what they pull out of the ground.
Glencore will find out this month whether it will be able to build an electronics recycling facility in the UK, which could be operational within 18 months.