Brazil offers lifeline to coal after UN calls for ‘death knell’
Brazil’s Mines and Energy Ministry on Monday published details of a new program that would support the coal sector through 2050 in the country’s southern states.
The state-owned copper miner said that since mining at the open-pit mine ends in 2020, which is when the underground section begins commercial operations, it will able to keep productive capacity unchanged.
State-controlled China Communications Construction Co and iron ore miner Vale SA have agreed to set up a steel mill in Brazil's northern state of Pará with a $450 million investment.
The Chilean lithium producer expects demand to grow about 17% in 2019 to at least 315,000 tonnes, compared to the less than 260,000 tonnes it totalled last year.