China copper smelters bracing for shortage of vital scrap metal
Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.
Peru’s President Alan Garcia Perez and the Ministry of Energy and Mines have suspended mining concessions in several of the nation’s provinces for the next 12 months.
The President of the Council of Ministers Rosario Fernandez Figueroa said a multi-sectoral commission has been appointed to study and propose reforms regarding mining concessions.
