Australia’s ANZ looks to expand lending to critical minerals sector
ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminum, copper, and nickel.
ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminum, copper, and nickel.
The company said that it plans to lay off 650 workers at the Tara mine.
Tin's roller-coaster ride has paused as the market navigates a period of weak demand and improved supply.
Discrepancy comes from how Canadian subsidies may affect the company’s tax treatment compared to American incentives under the Inflation Reduction Act.
Combined company will become Canada’s third largest copper miner, with an estimated 2023 production of 53,000 tonnes.
The Tara mine accounted for half of Boliden's zinc concentrate in 2022.
Copper output is estimated between 16,000 and 20,000 tonnes.
The company, which has a 60% stake in the project, will be focused on testing shallow, high-priority targets.
Goldman Sachs is forecasting softness for battery metals including cobalt, lithium and nickel in the second half of 2023 amid an oversupply.
The international NGO says article 20 of Mexico’s new Mining Law forbids deep-sea mining in Mexican waters and that the country should push for a global moratorium.