The first pour consisted of 312 kg of doré with approximately 9,200 oz. of silver and 100 oz. of gold.

Posco will start construction on the plant on Wednesday, with an initial price tag of $43 million.

The first nickel hydroxide product was produced from the world’s first stand-alone nickel laterite heap leaching operation.

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

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

Chinese mills have idled dozens of blast furnaces as stocks piled up after domestic demand weakened, hit by covid-19 restrictions and bad weather.

Energy crises and central bank moves to crush inflation present powerful headwinds across markets, underscored by copper’s collapse Friday below $8,000 a ton.

"Historically, few countries have reached economic prosperity with a low tax load" – Chile finance minister, Mario Marcel.