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Category: International

Rio Tinto Workers Push for Collective Bargaining After 20-Year Gap 1 International Corporate News 

Rio Tinto Workers Push for Collective Bargaining After 20-Year Gap

Constance
Australia’s Mining and Energy Union (MEU) announced on Thursday that it will launch a petition at Rio Tinto’s Paraburdoo mine in the Pilbara region, seeking to initiate collective bargaining for the first time in over 20 years. The petition aims to allow workers to negotiate a collective agreement that would: The move is also a step toward leveraging Australia’s “same job, same pay” legislation, which requires a collective agreement to be in place for workers to benefit from its provisions. Australian unions have been testing the “same job, same pay”… Read More Here
Panama Explores New Solutions for First Quantum’s Copper Mine 2 International Copper 

Panama Explores New Solutions for First Quantum’s Copper Mine

Constance
Panama’s President Jose Raul Mulino announced that his administration is considering “novel ideas” for handling First Quantum Minerals’ Cobre Panama copper mine, while insisting that the company drop its arbitration cases before negotiations can proceed. Speaking in Panama City on Thursday, Mulino stated that he plans to visit communities impacted by the mine’s closure. Since the late-2023 shutdown, following a constitutional court ruling against its operating contract, local suppliers have suffered heavy losses. Many businesses have shut down or written off significant inventory, underscoring the mine’s role as a key… Read More Here
Botswana Launches Inaugural SADC Sustainable Energy Week Calls for Urgent Action on Energy Security 3 International Events & Expos 

Botswana Launches Inaugural SADC Sustainable Energy Week Calls for Urgent Action on Energy Security

Constance
Botswana’s President, Advocate Duma Gideon Boko, officially opened the inaugural Southern African Development Community (SADC) Sustainable Energy Week in Gaborone, calling for urgent action to secure sustainable energy access across the region. At the high-level conference, held from 24-28 February 2025 under the theme “Accelerating Sustainable Energy Solutions for an Energy-Secure SADC Region,” President Boko urged SADC Member States and stakeholders to move beyond dialogue and implement actionable solutions to ensure clean, affordable, and reliable energy for all. “The time for talk is over. It’s time to act! Let’s work… Read More Here
US Copper Tariff Threat Spurs Global Trading Surge 4 International Copper 

US Copper Tariff Threat Spurs Global Trading Surge

Constance
Top commodity traders are seizing a significant profit opportunity by shipping copper to the US from locations as far as Asia, driven by President Donald Trump’s potential import tariffs on the metal. On February 24, 2025, the gap between US copper prices and those on the global market widened sharply after Trump ordered the Commerce Department to examine possible tariffs. On February 25, New York’s Comex saw prices surge by as much as 4.9%, reaching more than $1,000 per ton above the London Metal Exchange (LME) benchmark, which rose 1.2%… Read More Here
Panama President Delays Decision on Cobre Panama Mine Amid Social Security Reform 5 International Copper 

Panama President Delays Decision on Cobre Panama Mine Amid Social Security Reform

Constance
Panama’s President, José Mulino, has stated that a decision regarding the future of the Cobre Panama mine will only be made once the country’s social security policy issue is resolved. This announcement came after a meeting with a group of suppliers, including Abel Oliveros, who were seeking clarity following the mine’s closure due to public protests. The office of the president did not immediately respond to a request for comment. The Cobre Panama mine, once the largest and newest copper mine globally, has been shut down since 2023 following environmental… Read More Here
revolutionising mining operations 6 Corporate News International Sponsored Content 

revolutionising mining operations

Constance
Now more than ever, mining and mineral processing companies need to boost productivity, ensure safety, and protect the environment. ABB’s comprehensive electrification, automation, and digital solutions portfolio is ideally positioned to meet these challenges across all mining processes, from mine to port, transforming performance in a digital world. ABB Ability™ MineOptimize is a powerful framework that integrates individual mining solutions, delivering a seamless, plant-wide system that enhances efficiency and reliability throughout the entire lifecycle. “Engaging early with ABB provides immediate access to experienced engineers who specialise in designing, managing, manufacturing,… Read More Here
Anglo American Sells Nickel Business to MMG for Up to $500 Million 7 Mergers & Acquisitions International Nickel 

Anglo American Sells Nickel Business to MMG for Up to $500 Million

Constance
Anglo American has agreed to sell its nickel business to mid-tier miner MMG for up to $500 million, the companies announced last week. The deal, which includes two ferronickel operations and two greenfield projects in Brazil, aligns with Anglo American’s strategy to streamline its portfolio and focus on copper, premium iron ore, and crop nutrients. Anglo American CEO Duncan Wanblad stated that the agreement followed a “highly competitive process” and represented a strong outcome for shareholders, employees, and Brazilian stakeholders. The nickel assets involved in the transaction include the Barro… Read More Here
BHP Launches $10.8 Billion Investment to Sustain Copper Output in Chile 8 International Copper Corporate News 

BHP Launches $10.8 Billion Investment to Sustain Copper Output in Chile

Constance
BHP Group is set to begin a $10.8 billion investment program in Chile, starting with the modernization of an aging copper plant at its Escondida mine. The move comes as the world’s largest mining company battles declining ore quality while striving to maintain production levels. During a site visit on Tuesday, Chilean Finance Minister Mario Marcel joined BHP officials, who confirmed that the $2 billion-plus upgrade of the Escondida concentrator would soon enter environmental approval processes. While BHP’s long-term investment plans in Chile have been known, Tuesday’s announcement marks the… Read More Here
FQM Ramps Up Efforts to Reopen $10 Billion Cobre Panama Mine 9 International Copper Corporate News 

FQM Ramps Up Efforts to Reopen $10 Billion Cobre Panama Mine

Constance
First Quantum Minerals and its workers and suppliers in Panama are intensifying efforts to restart operations at the $10 billion Cobre Panama copper mine, more than a year after its closure. The company has shifted from a low-profile approach to a more visible public relations campaign, including mass mine visits and public outreach events, according to Maru Galvez, Public Relations Manager for Cobre Panama. The strategy appears to be working, with a recent community survey showing 96% support for the government renegotiating the mine contract. Despite these efforts, First Quantum… Read More Here
China Imposes Key Mineral Export Ban on the U.S. Amid Escalating Trade Tensions 10 International 

China Imposes Key Mineral Export Ban on the U.S. Amid Escalating Trade Tensions

Constance
In a significant escalation of trade tensions, China has imposed a ban on exports of several critical minerals to the United States, including gallium, germanium, and antimony. These materials are essential for the production of semiconductors, infrared technology, and weapons. The ban follows Washington’s recent tightening of restrictions on Beijing’s access to advanced technology. The Chinese Ministry of Commerce defended the ban, citing national security concerns and the need to regulate dual-use materials, which can be used for both civilian and military purposes. As the dominant global producer, China supplies… Read More Here

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