As major economies march towards a net-zero future, there is a growing endeavour to produce metals with little-to-no carbon footprint.  

Workers at Chile’s state-owned Codelco will start a nationwide strike on Wednesday to protest the government’s and the company’s decision to close a troubled smelter.

Brazilian steelmaker CSN hired restructuring firm RK Partners to draft a proposal to buy control of Samarco.

An agreement may not be easy, according to Reuters sources, due to Samarco's liabilities related to its 2015 disaster in the city of Mariana.

Unions had threatened to strike for the past week if the Codelco board did not invest to upgrade the Ventanas smelter.

The government had previously planned to announce its final selection last month.

Peru's central bank lowered its 2022 growth projection to 3.1% from 3.4% previously.