Page 87 - Glencore News Today

The FTSE 100 closed the day down 0.12% on Tuesday.

Insulation specialist Kingspan was the only standout stock on Euronext Dublin as it finished up 2.5% to hit a 52-week high

London's stock markets closed in negative territory on Tuesday, with concerns over China's economic prospects exerting pressure on mining shares.

15 coal mines and five coal-fired power plants are scheduled to close in the next six years.

Anthony Albanese says Australian nickel miners will ultimately have a competitive advantage over environmentally-unfriendly Indonesian competitors.

Five coal-fired power plants and 15 coal mines will likely close by 2030, and another four plants and 23 mines by 2040.

The government’s consideration of tax credits for critical minerals producers is emblematic of a Perth lobby group’s rise from obscurity to influence.

Peru has approved the $2bn expansion of the Antamina copper mine as the South American nation seeks to continue expanding production.

Producers of lithium and nickel have paused projects after prices collapse and momentum slows for electric-vehicle sales.

The companies are yet to decide on the final valuation. If the parties reach an agreement, a deal is likely by the end of March.