30 November 2023
30 November 2023
Protests caused operations at the mine to be suspended last week.
The accident occurred when 86 employees at the No. 11 shaft were being brought to the surface after completing their shift.
The Chvaletice project involves the reprocessing of a manganese deposit contained in waste from a decommissioned mine.
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Industrial minerals consumption patterns are primarily dependent on the movement of the global construction sector. Despite sluggish growth estimated in the global construction sector in 2023, the momentum is expected to pick up in 2024 with an annual average growth rate of 3.9% from 2024 to 2027. In addition, the changing geopolitical dynamics especially related to oil and gas trade around the globe are likely to further hamper the confidence levels of the market participants over the short-term period.
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