Brazil negotiates mining investments with Saudi Arabia – minister
The two countries are in discussions over investments in sustainable mining and energy transition, as stated by the Brazilian Minister of Mines and Energy.
President Emmanuel Macron has said Japan and France will work together to boost French energy sovereignty through the supply of critical metals from Mongolia.
The mining corridor is used by MMG’s Las Bambas, Glencore’s Antapaccay and Hudbay Minerals’ Constancia to transport semi-processed copper to a seaport.
Either inventory rebuilds over the seasonal summer soft spot for northern hemisphere demand, or the market is going to have to rethink just how much copper is really out there, writes Andy Homes.