Employees of the Zangezur Copper and Molybdenum Combine (ZCMC) who have been on strike since January 31 may face disciplinary action, according to a company statement released on Saturday. Over 700 workers have walked off the job, demanding wage increases. ZCMC management stated that some employees failed to report to work, while others left their...
READ MORERohit Pathak, CEO of Copper Business at Hindalco Industries, has been appointed to the Board of Directors at the International Copper Association (ICA), recognizing his leadership and contributions to the global copper industry. In this role, Pathak will help shape international strategies, focusing on sustainability, industry growth, and best practices in copper production. His expertise...
READ MOREDonald Trump’s proposed import tariffs on aluminium and copper have sparked concerns over potential price increases for consumer goods. Industry analysts fear that restricting imports could reduce metal availability, impacting production and raising costs for end-use manufacturers. Trump announced his intent to impose tariffs on key metals, including those used in US military hardware, during...
READ MOREFormer U.S. President Donald Trump stated that he wants Ukraine to supply the United States with rare earth minerals as a form of repayment for financial support provided during its conflict with Russia. Speaking at the White House, Trump said Ukraine was open to the proposal and emphasized the need for “equalization” in return for...
READ MOREACG has announced the appointment of Michael R. Pompeo, former U.S. Secretary of State, as a Non-Executive Director. Pompeo, who served as the 70th U.S. Secretary of State from 2018 to 2021 and as the Director of the Central Intelligence Agency from 2017 to 2018, brings extensive geopolitical expertise and a strong global network to...
READ MOREMinera Ojos del Salado, a subsidiary of Lundin Mining, has been fined $3.3 million by Chile’s Superintendencia del Medio Ambiente (SMA) following an investigation into the 2022 sinkhole at the Alcaparrosa mine. The ruling also mandates the continued closure of the mine due to four environmental violations. Mining operations at Alcaparrosa have been suspended since...
READ MORETanzania has signed a $2.15 billion agreement with two Chinese firms to build a railway connecting its main port of Dar es Salaam to a nickel mine in Burundi. Tanzania Railways Corp. awarded the contracts to China Railway Engineering Group Ltd. and China Railway Engineering Design and Consulting Group Co. Transport Minister Makame Mbarawa stated...
READ MOREThe European Union is reportedly discussing new import restrictions on Russian aluminium as part of its 16th sanctions package against Moscow for the invasion of Ukraine. However, the impact is expected to be limited, as Russian metal continues to find alternative buyers outside sanctioning countries. LME aluminium prices briefly rose above $2,600 per tonne in...
READ MOREIndia has allocated 163 billion rupees ($1.88 billion) to advance its critical minerals sector, aiming to secure essential raw materials such as lithium. The federal Ministry of Mines confirmed the funding, which will support domestic exploration and offshore mineral projects. The government expects an additional 180 billion rupees in public sector investment for critical minerals,...
READ MOREThe Canadian federal government has announced a $41 million investment in Foran Mining Corporation’s Saskatoon office to support the development of emissions-free copper production. The funding will be used to expand Foran’s McIlvenna Bay plant in Saskatchewan, creating 400 new jobs and advancing the country’s transition to a net-zero carbon economy. James Steels, Chief Financial...
READ MOREThe bipartisan Congressional Aluminum Caucus has been re-launched, spearheaded by Congresswoman Carol Miller and Representatives Glenn Grothman, Haley Stevens, and Morgan McGarvey. The caucus aims to promote awareness of the U.S. aluminum industry, address key challenges, and highlight the metal’s essential role in modern manufacturing. Congresswoman Miller emphasized the economic and industrial significance of aluminum,...
READ MORECentury Aluminum has entered Phase One of a four-phase agreement under the U.S. Department of Energy’s (DOE) grant initiative, first extended in March 2024. The project aims to strengthen domestic aluminum manufacturing capacity, reduce reliance on imports, and secure critical supply chains vital to national security and economic growth. In March 2024, Century was chosen...
READ MOREAn expert panel of senior civil servants, industry specialists, and media professionals has called for immediate policy measures to support domestic aluminium manufacturers and encourage investment in India’s aluminium industry. The discussion, organized by Bureaucrats India, focused on the challenges faced by the sector, including increasing import reliance and substandard aluminium flooding the domestic market....
READ MOREThe European Commission is preparing to propose a ban on imports of Russian primary aluminum as part of its 16th sanctions package against Russia, EU diplomats revealed on Tuesday. The proposed measures aim to increase economic pressure on Russia following its invasion of Ukraine. Informal discussions were held among EU member states to finalize the...
READ MOREThe European Recycling Industries’ Confederation (EuRIC) has cautioned the European Commission against imposing restrictions on scrap exports, emphasizing that such exports are essential to sustaining recycling businesses within the European Union. EuRIC’s statement comes in response to a December 2024 letter from Eurofer and European Aluminium advocating for stricter controls on the export of ferrous...
READ MOREMore than two years after Mexico enacted a law nationalizing its lithium resources, uncertainty persists for companies holding concessions. A recent supreme court ruling has reaffirmed the state’s exclusive right to extract lithium, setting a challenging precedent for private entities. In early December, Mexico’s supreme court unanimously dismissed an appeal from Grupo Bararal, which sought...
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