If more minerals were processed locally before export, the industry could contribute 50–60% of exports.
The Council has prolonged the mandate of Operation Aspides to 2025.
Levies exceeding 50% of the value of unprocessed aluminium could be a reality by 2034.
Freight News columnist Clifford Evans said he saw a loaded container vessel rolling in heavy swells in the Bay.
Red Sea uncertainty has led to negotiations to secure higher freight rates, Xeneta’s research shows.
Damage to the ship and its cargo is being assessed by a salvage company.