Glencore reports lower metals production in 2024
The company produced 951,600 tonnes of copper in 2024, down 6% from 1.01 million tonnes in 2023.
Coal export tax rate would be expected to surge from the current 15 percent to 20 percent in a bid to restrict export of the fossil fuel, the Vietnam Ministry of Finance (VMF) said on Tuesday.
VMF’s proposal was made after the Vietnam Coal and Mineral Industries Group (Vinacomin) imported 9,500 tons of low-quality coal from Indonesia to supply power thermo-electric plants in Vietnam, making the country to become a coal importer for the first time.