Home: Aluminum rattled by signs of “green” disruption in China
Shanghai aluminum prices have this week powered to their highest level since August 2011.
Shanghai aluminum prices have this week powered to their highest level since August 2011.
Company profits rose 51.9% year-on-year in 2020, setting an annual record high.
Nexa has acquired a 9% stake in Tinka, which is developing Ayawilca, one of the largest zinc projects in Peru.
According to its 2020 sustainability report, Teck aims to have its Chilean operations fully running on clean energy by 2030.
The holes were drilled as part of a 30,000-metre program and are expected to “positively impact” existing resources by growing the indicated inventory.
Resource estimates have been released for the Spout and G1 carbonate replacement deposits.
The three countries feature a rich mining history and prospective geology.
Measured and indicated resources at the property now stand at 610 million tonnes.
India, the world’s third-biggest emitter, has come under pressure to make a net-zero pledge ahead of global climate talks in Glasgow, Scotland, this year.
Business Secretary Kwasi Kwarteng suggested the government would move to block the mine application.