Congo overtakes Peru on copper output, still behind on exports

The Democratic Republic of the Congo overtook Peru as the world’s second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations show.

US to commit more funds to African rail link for metal exports

The United States will provide more funds for the construction of the Lobito Corridor, a rail link to export metals from Central Africa’s Copperbelt, including a link for Zambia, US energy envoy Amos Hochstein said.

60 percent jump in ESCO’s rebar export

Mining News Pro - From the beginning of the year, the export of ESCO’s rebar has grown by 60% compared to the same period in the previous year.

China allows a trickle of critical minerals exports ahead of graphite curbs

Mining News Pro - China exported small amounts of two minerals crucial to high-tech manufacturing in October, marking a resumption in sales after a two-month hiatus caused by Beijing’s restrictions.

HOSCO’s export jumped by 8 percent

Mining News Pro - Applying the market expansion strategy and obtaining the best export goals is one of the most important approaches of Hormozgan Steel Company and basically one of the important and influential factors in the success of this company.

Zimbabwe lithium export earnings treble as projects take off

Mining News Pro - Zimbabwe earned $209 million from lithium exports in the first nine months of 2023, nearly treble last year’s earnings, Mines Minister Zhemu Soda said on Wednesday, as Chinese-driven mining and processing projects take off.

China’s exports of refined lead feed LME stocks rebuild

Mining News Pro - China’s exports of refined lead hit a 15-month high in September with year-to-date shipments already exceeding last year’s total.

Freeport Indonesia will need to slash output in 2024 if not allowed to export concentrate

Mining News Pro - Freeport Indonesia would need to reduce ore production by 40% in 2024 if the copper miner is not allowed to export concentrate before its smelter reaches full operating capacity, CEO Tony Wenas said on Tuesday.

Namibia orders police to stop Chinese firm’s lithium exports

Mining News Pro - Namibia’s government has ordered police to stop Xinfeng Investments from transporting lithium ore inside the country and from exporting it, accusing the Chinese miner of violating the country’s ban on critical raw mineral exports.

China to tighten exports of key battery material graphite

Mining News Pro - China said on Friday it will require export permits for some graphite products to protect national security, springing a surprise with another bid to control critical mineral supply in response to challenges over its global manufacturing dominance.

Freeport seeks to extend permit for exporting Indonesian copper

Mining News Pro - Freeport McMoRan Inc. will seek Indonesia’s approval to keep exporting mined copper beyond a May deadline to avoid building up stockpiles of concentrates as it ramps up output at a smelter it’s building at Jakarta’s request.

Argentina mining exports to near $4.5bn in 2023 amid lithium boom

Mining News Pro - Argentina’s mining exports will reach around $4.5 billion in 2023, up from the 2022 total amid strong prices and the launch of a new lithium mine, the president of the sector’s main business chamber told Reuters late Thursday

China exported no germanium, gallium in Aug after export curbs

Mining News Pro - China’s exports of germanium and gallium products in August plunged, customs data showed on Wednesday, after Beijing implemented new export controls on the two chipmaking metals.

Malaysia to ban export of rare earths to boost domestic industry

Mining News Pro - Malaysia will develop a policy to ban exports of rare earth raw materials to avoid exploitation and loss of resources, Prime Minister Anwar Ibrahim said on Monday, making it the latest country to restrict shipments of key minerals.

China July rare earths exports refresh an over three-year high on decent demand

Mining News Pro - China’s exports of rare earths in July rose 49% from a year earlier to 5,426 metric tons, customs data showed on Tuesday, supported by healthy demand from the new energy vehicle and wind power sectors.

Freeport Indonesia secures copper export permit, plans to contest new export duty

Mining News Pro - Mining giant Freeport has obtained a license to ship copper concentrate from its Indonesian operation until May 2024, but may contest new government rules on export duties.

Pentagon seeks supply of chip mineral gallium after China curbs exports

Mining News Pro - The Pentagon plans to issue a first-time contract to US or Canadian companies by year-end to recover gallium, a mineral used in semiconductors and military radar systems, after China curbed exports this month.

China flexes critical metals muscles with export curbs

Mining News Pro - China’s threat to curb exports of gallium and germanium from the start of August marks an escalation in the global competition for critical minerals and metals.

Gallium price jumps as buyers lock in supply before China export controls

Mining News Pro - Global gallium prices jumped 27% this week as buyers reacted to China’s move to control exports of the niche metal used in an array of high-tech industries.

China’s rare earths dominance in focus after mineral export curbs

Mining News Pro - China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests.

International miners set to benefit as China curbs germanium exports

Mining News Pro - Big miners, including Congo’s state-backed Gecamines, Russia’s Rostec and Dutch company Nyrstar, could secure significant business from China’s curbs on exports of gallium and germanium, and some are readying to boost production.

China to restrict exports of metals critical to chip production

Mining News Pro - China imposed restrictions on exporting two metals used to make semiconductors and other electronics, a move that’s likely to raise costs for hardware manufacturers and worsen geopolitical tensions over the race to develop advanced computing technology.

Australia’s coal exports by volume set to rise on Asian demand

Mining News Pro - Australian coal exports are set to rise for at least the next three years on growing demand for the dirtiest fossil fuel in India and Southeast Asia, according to a new report from Canberra.

Copper exports signal Chile is leaving woes behind

Mining News Pro - At first glance, the latest copper numbers out of Chile appear to fit the recent narrative of supply-side disappointments. A closer look, however, suggests output may be improving in the top-producing nation.

Congo-UAE gold export deal raises ‘great concerns’

Mining News Pro - A 25-year deal published this week by the Congolese government hands a little-known UAE firm exclusive rights to export artisanal gold at preferential rates, prompting criticism it will solve none of the issues it was meant to address.

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