Alaska governor calls on Biden to update mine permit process

Codelco chairman has said the company is reassessing the costs of upgrades to the life of its mines.

“We are not very optimistic about copper prices,” said the head of copper trading at Shanghai Wooray Metals.

The city has long been a key conduit for bullion entering the Chinese mainland — the world’s biggest consumer market.

The deal includes regulations covering 34 critical raw materials vital to the clean-tech transition.

The sanctions package also contains import bans on a number of metals.

China imposed restrictions on exports of the metals used in high-tech electronics from August.

How First Quantum’s $10 billion copper mine went from promised economic boom to cause of mass popular unrest is a story peculiar to Panama but one that has a moral for the global mining industry.

The drivers stopped shipping the green-energy metals from the mining hub of Kolwezi around the end of October.

The global energy transition may be eclipsed by a critical minerals supply-demand imbalance — unless alternatives are found, experts say.