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EU’s price-reduction proposals won't help the mining industry, sector association says

( September 15, 2022, 19:00 GMT | Official Statement) -- MLex Summary: The European Commission’s emergency proposal against high electricity and gas prices will not help the energy-intensive mining industry, sector association Euromines has said, stressing the need for a fast and full revamp of the design of the energy market. Euromines also asks for the redistribution of proceeds in favor of energy-intensive industries, for caveats from demand-reduction obligations for those transitioning from gas to electricity, and for incentives for investments in electricity consumption.Press release follows, PDF attached....

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