Country's copper production plunged 12.5% to 2.15 million tonnes in 2020.

The same week Glencore said it will abandon its coal mining interests in Colombia amid dropping profits, the country launched a proposal for its first battery storage system.

The Renova Foundation will spend $1 billion this year.

The Serrote copper-gold project is now fully funded through to production.

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Vale reported 4Q20 output of 84.5 million tonnes, a 5% decline from the third quarter.

Glencore's coal production tumbled 24% to 106 million tonnes in 2020

The referendum threatens to derail more than 40 concessions seeking to tap gold, silver and copper reserves.