Column: US targets scrap to close the critical minerals gap
As the US government is discovering, investing in new scrap processing capacity is far cheaper and greener than building new mines.
Production at MMG Ltd’s Las Bambas copper mine in Peru could fall ‘in the near term’ due to a road blockade by a community that was relocated to make way for the mine, the company said on Monday.
Production at Las Bambas, which churned out some 385,000 tonnes of copper last year, has not yet been affected by the protest but could be if it continues or intensifies, the company said in a statement. It added that it has run out of stocks at the port of Matarani and has advised customers of delays to shipments.
(By Mitra Taj; Editing by Chizu Nomiyama)