Investors are fretting over a range of threats to demand, from Europe’s gas crisis to a US slowdown and renewed virus flare-ups in China.

The Las Bambas mine was paralyzed from the second half of April to early June.

The mine is currently Nexa’s largest investment in Brazil and one of the few zinc projects in the world.

Prices extended decline as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment.

The charter incorporates new considerations into central bank policy making and protects glaciers from mining.

Industrial metals have gone from boom to bust in the space of only three months, writes Andy Home.

Production from state-owned giant Codelco fell 6.3% on a year-on-year basis to 142,900 tonnes.