This post was originally published on this site.Vale’s (NYSE: VALE) base metals unit aims to triple pre-tax profit to $5 billion this year, up from about $1.3 billion in 2024, when the business also consumed around $2 billion in cash, CEO Shaun Usmar says. The push reflects sweeping cost reductions, an overhaul of operating accountability...
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Alphamin directs Congo tin to new US smelter
This post was originally published on this site.Alphamin Resources (TSXV: AFM; JSE: APH) has agreed to supply a new U.S. smelter with tin concentrate from the Democratic Republic of Congo, diversifying its sales as Washington backs domestic minerals processing. The initial two-year deal covers up to 3,600 tonnes of contained tin annually from Bisie, about...
