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...But although the decline of heavy industry exacted a huge toll on the local economy, it has left behind a wealth of knowledge and infrastructure....
Chinese consumer shift to smaller battery cars that need less of the metal is also expected to cut usage
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...When the world’s largest gold miners by market value prefer to discuss copper projects, the shiny metal might have an image problem....
...London’s commodities-heavy FTSE 100 gained 0.9 per cent, boosted by rising oil and metals prices....
...Imports of the transitional metal used for construction steel rose in 2023 compared to the previous year....
...London’s commodity-heavy FTSE 100 gained 0.4 per cent — drawing closer to the all-time high it notched in February 2023 as index heavyweights in the mining industry rebounded on rising metals prices....
...London’s FTSE 100 added 0.5 per cent as rising metals prices buoyed index heavyweights in the mining sector....
...Mining stocks were among the few positive performers in Europe as metals prices continued to rally on hopes that a rebound in economic growth will stimulate demand....
...However, supply issues and strong growth for green energy sectors such as renewable power, grid upgrades and electric cars — all of which are heavy users of copper because of its ability to conduct electricity...
...London’s FTSE 100 slipped 0.3 per cent, pulled lower by declines for index heavyweights in the mining industry as base metal prices slipped....
...“Inpria is a former university spinout with deep roots in academic research on metal oxides stretching back two decades,” it added....
...Australia-based BHP said on Thursday that it had made an all-stock proposal to acquire Anglo and become the world’s biggest producer of copper, a metal critical for the world’s efforts to decarbonise....
...The body, led by Julie Inman Grant who previously worked at Twitter and Microsoft, has enforcement powers to stop the spread of harmful content online, including the right to levy heavy fines on companies...
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...The mandate is to look for deals across all assets, including base and precious metals in addition to commodities in demand for electric vehicle production....
Sébastien de Montessus says taking time to consider position after allegations of ‘serious misconduct’
...Yet again, a cycle of heavy miner investment and bullish promises could be followed by insufficient reward....
...The rocket’s Super Heavy Booster was also able to complete a flip manoeuvre to begin its return to earth....
...M&A deals that focus on employees are popular in tech, where start-ups are often asset light and talent heavy....
...Even this attack, however, was seen by Tehran as designed to limit escalation by avoiding heavy casualties....
...It must have weight – but can’t be too heavy – clean lines and, very importantly, no toxicity.”...
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