China to Levy Environmental Protection Tax in 2018

Atlantic Copper plans to inaugurate its CirCular project in Huelva on September 14. The facility is designed to process up to 60,000 tonnes per year of non-ferrous material derived from waste electrical and electronic equipment, recovering copper, gold, silver, palladium, platinum, tin and nickel. Earlier company disclosures placed investment at more than €400 million, while a recent local report cited €550 million, possibly reflecting a different project scope.

Mexico’s mining industry expects total investment to reach US$6.4 billion in 2026, up 30.8% from US$4.9 billion in 2025, according to the Mexican Mining Chamber (Camimex). The increase will be driven mainly by mine expansions, maintenance spending and equipment purchases. Mexico is one of the world’s leading silver producers and an important supplier of copper, gold and zinc. Major mining companies operating in the country include Grupo Mexico, Industrias Peñoles, Fresnillo, Torex Gold, First Majestic Silver, Agnico Eagle and Alamos Gold. Camimex noted that actual mining investment in 2025 totaled US$4.9 billion, below its initial estimate of US$5.31 billion. For 2026, maintenance is expected to account for the largest share of investment at US$1.11 billion, followed by project expansions at US$976 million and equipment purchases at US$835 million. The industry believes the rebound in investment will support mine development, sustain production at existing operations and help meet long-term demand for metals driven by infrastructure, manufacturing and the energy transition.

Glencore plans to seek a secondary listing on the Australian Securities Exchange in October, aiming to access Australia’s large pool of mining-focused capital, support its copper growth strategy and strengthen its ability to pursue potential acquisitions. Chief executive Gary Nagle said Australia offers a deep base of investors with strong mining expertise, as well as a pension market worth approximately A$4.4 trillion. Glencore expects to qualify for inclusion in the ASX 200 within 12 months of listing and eventually aims to enter the ASX 100. Glencore reported adjusted first-half earnings of US$10.1 billion, up 86% year-on-year and the second-highest result in its history, supported by higher commodity prices and strong trading profits from volatile energy markets.