China's environment ministry on Monday criticised state-run metal producers China Gold and CNMC for polluting their surroundings and failing to adequately address previously identified problems, with a particular focus on tailings dams.
Inspectors found flue gas leaks from a copper smelting furnace belonging to CNMC unit China Daye Non-ferrous Metals Mining, in Hubei province, as well as excessive concentrations of toxic impurities lead, arsenic and cadmium in a nearby rainwater pipe network, a ministry statement said. Tailings dams are commonly used by mining firms to store waste remnants of ore. They have been under close scrutiny globally since the 2019 collapse of one in Brazil which killed around 270 people.
As expected more market crash.
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