The court accepted as valid arguments and evidence presented by community leaders who claimed that waste emissions from South32’s Cerro Matoso nickel mine caused skin, lung and heart problems to people in the nearby towns.
Vanadium needs a big player in the global battery market to get behind the metal to share center stage with other energy-storage components such as lithium.
Authorities may consider potential revisions to the mining laws in order to make companies that already own concessions to work on them or else give them up.
Despite analysts predicting that sanctions against Oleg Deripaska may cause a turmoil in the mining world, Kinross made an effort today to stand clear from such possibility.