Copper price bounces back after hitting six-month low
Copper prices are tumbling as miners in the top producing nation gird to fight for bigger bonuses, setting the stage for labor strife that raises the risk of supply disruptions.
According to a paper in Resources Policy, such compensation packages actively encourage managers to cut costs and increase production regardless of the risks associated with those decisions.
The exchange will work Fastmarkets to provide the reference price lithium, a key component in the batteries that power electric vehicles and high-tech devices.
The International Council on Mining and Metals (ICMM) has picked someone outside the industry to oversee an initiative aimed at setting new dam safety standards for miners.
In April, ethical investors working on a global standard for tailings dams had written to 683 listed resource companies, including major miners, asking for information to be made public within 45 days about every facility they control.
According to Sweden's Deputy Minister of Foreign Trade and Promotion, the country has become lithium-thirsty due to an increase in demand for electric cars.