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NEWS


Rio Tinto's termination of commercial relations with Russian companies affected copper mines

As the Russian-Ukrainian conflict escalated, another large multinational announced its withdrawal from Russia. According to Reuters, on the morning of March 10, Beijing time, a spokesman for mining giant Rio Tinto said

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Looking at the future development of the scrap copper industry from the perspective of Caishui Document No. 40

The Announcement on Improving the VAT Policy for Comprehensive Utilization of Resources (Announcement No. 40 of 2021 of the State Administration of Taxation of the Ministry of Finance) issued by the Ministry of Finance

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Even if it has an impact on the short-term economy, it is necessary to control inflation

On May 12, local time, the US Senate confirmed Powell's nomination for a second term as chairman of the Federal Reserve with 80 votes in favor and 19 against. At the end of last year, US President Joe Biden nominated Powell for a second term as chairman of the Federal Reserve.

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Peruvian Liberal legislators introduced the copper nationalization bill

According to the BNAmericas website, some parliamentarians from Peru's ruling Liberal Party submitted a bill last Thursday (2nd) proposing to nationalize copper mine development and establish a state-owned enterprise to

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Chilean miners strike at copper giant Codelco as the government downplays the impact

Codelco's interim CEO Andre Sougarret said there had been some discontinuity on the operational side, but the company was able to take steps to resume operations. Since the union announced the strike, the company has taken measures, first to ensure the safety of people and on the other hand, to continue operating.

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