China’s largest producer of rare earth shutting production to stimulate the market

Copper futures edged higher in London and New York as tentative signs of buying interest emerged following a string of losses.

Toronto-based Mandalay has used revenue from its Bjorkdal gold mine in Sweden and Costerfield gold and antimony mine in Australia to accumulate $55 million in cash.

The refinery will have the capacity to produce 1.2 million tons of alumina per year by the end of 2027.

Beijing proposes including battery cathode material preparation technology to its catalog of applications that are subject to export bans or restrictions.