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The two sides are expected to sign memorandums of understanding (MOUs) for actions to be taken by China on issues ranging from structural reforms to trade and economic policies. Reuters reported that both sides were drafting MOUs on cyber theft, intellectual property rights, services, agriculture and non-tariff barriers to trade, including subsidies. Trump administration officials have pointed to China’s industrial subsidies, numerous regulations, business licensing procedures, product standards reviews and other practices as non-tariff barriers to trade top cufflink brands.
HOLLYWOOD, Fla. (Reuters) – After last month’s deadly tailings dam disaster at a Vale SA facility in Brazil, Freeport-McMoRan Inc Chief Executive Richard Adkerson sent a memo to his 29,000 employees telling them to immediately report any safety concerns about the scores of dams his company operates top cufflink brands. The disaster, which killed more than 300, has sparked a push to set global standards for the construction and inspection of tailings dams, which store the muddy detritus of the mining process, as well as emergency preparations. The move reflects a radical departure from the way the facilities have operated for more than a century..
Freeport, the world’s largest publicly traded copper producer, spends several hundred millions of dollars per year on tailings dams upkeep and has not had a tailings dam failure since it acquired Phelps Dodge in 2007. Adkerson’s directive underscored his desire not to blemish that record. “I told my people, ‘If you know of a problem, don’t try to solve it yourself,’” Adkerson told Reuters. “Report it.”. On Tuesday, Adkerson and 26 other CEOs, including leaders from BHP Group Ltd, Vale SA and Glencore Plc, agreed as their first step since the Vale disaster to form a panel that will set international design and maintenance standards for dams and study ways to reduce the volume of water stored behind the dams in waste rock top cufflink brands.
“We recognize our responsibility to offer more than just words,” said Donald Lindsey, CEO of Canadian miner Teck Resources Ltd and chair of the International Council on Mining and Metals, the industry trade group that set the standards top cufflink brands. “We owe it to the families impacted (by the Vale disaster) and to our stakeholders to take meaningful action,” he said. In the weeks after the accident, Brazil’s government banned new upstream mining dams – the type of dam involved in the Vale disaster – and ordered the decommissioning of all such dams by 2021..
But Brazil and the broader mining industry have grappled with how best to codify uniform tailings dam standards, conscious of not only the safety implications but of growing public resentment over the use of tailings dams. Right now for instance, there are no global mining industry standards defining what a tailings dam is, how to build one and how to care for it after it is decommissioned top cufflink brands. “I’m paranoid about tailings dams,” said Mark Bristow, CEO of Barrick Gold Corp, the world’s largest gold miner, which has assigned full-time engineers to each tailings dam..