logo
Two workers hospitalised after collapse at Russian bauxite mine, authorities say

Two workers hospitalised after collapse at Russian bauxite mine, authorities say

Straits Times18-06-2025
Two workers hospitalised after collapse at Russian bauxite mine, authorities say
MOSCOW - Two workers were injured and taken to hospital after a collapse at a bauxite mine belonging to a unit of Russian metals producer Rusal in the Urals, the regional prosecutor's office said on Wednesday.
The incident occurred at a depth of 1,172 metres (3,845 feet). Authorities have begun a safety compliance inspection at the facility, prosecutors said.
Rusal subsidiary SUBR, which owns the Cheremukhovskaya-Glubokaya mine, said the incident happened when the wall of one of the mine workings collapsed. The miners were quickly brought to the surface, it said.
"The scene of the incident is being examined. Work at other levels of the mine is proceeding as planned," it said.
The mine is the second deepest in Russia and among the deepest in the world. REUTERS
Join ST's Telegram channel and get the latest breaking news delivered to you.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil prices steady with trade talks in focus
Oil prices steady with trade talks in focus

Business Times

time18 minutes ago

  • Business Times

Oil prices steady with trade talks in focus

[NEW YORK] Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the US after President Donald Trump reached a tariff deal with Japan. Brent crude futures settled 8 cents, or 0.12 per cent, lower at US$68.51 a barrel, while US West Texas Intermediate crude futures were down 6 cents, or 0.09 per cent, at US$65.25 per barrel. On Wednesday, EU officials said they were heading towards a trade deal with Washington that would result in a broad 15 per cent tariff on EU goods imported into the US, avoiding a harsher 30 per cent levy slated to be implemented from Aug 1. Just hours earlier, Trump said the US and Japan had struck a trade deal that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a US$550 billion package of US-bound investment and loans. 'The trade deal with Japan might be a template for trade deals with other countries,' said Andrew Lipow, president of Lipow Oil Associates. 'On the other hand, the market is still concerned about the US coming to an agreement with the European Union and China.' The European Commission planned to submit counter-tariffs on 93 billion euros (S$139.1 billion) of US goods for approval to EU members. A vote is expected on Thursday, though no measures would be imposed until Aug 7. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Both benchmarks lost about 1 per cent on Tuesday after the EU said it was considering countermeasures against US tariffs. 'The slide (in prices) of the past three sessions appears to have abated, but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment,' said Vandana Hari, founder of oil market analysis provider Vanda Insights. On the supply side, US Energy Information Administration data showed US crude inventories fell last week by 3.2 million barrels to 419 million barrels, compared with analysts' expectations in a Reuters poll for a 1.6 million-barrel draw. 'That's a bullish swing,' said Bob Yawger, director of energy futures at Mizuho. 'It was largely a function of import-export dynamics.' US crude exports were up by 337,000 barrels per day (bpd) to 3.86 million bpd, while net US crude imports fell last week by 740,000 barrels per day, the EIA said. In another bullish sign for the crude market, the US energy secretary said on Tuesday that the US would consider sanctioning Russian oil to end the war in Ukraine. The EU on Friday agreed its 18th sanctions package against Russia, lowering the price cap for Russian crude. REUTERS

US approves $400m in arms sales to Ukraine
US approves $400m in arms sales to Ukraine

Straits Times

timean hour ago

  • Straits Times

US approves $400m in arms sales to Ukraine

Find out what's new on ST website and app. Ukrainian servicemen fire an M101 howitzer towards Russian troops, at a position in Ukraine's Kharkiv region. WASHINGTON - The United States on July 23 announced the approval of US$322 million (S$411 million) in arms sales to bolster Ukraine's air defences and its armoured combat vehicles. The announcement of the sales comes after Washington temporarily halted some weapons shipments to Ukraine earlier this month even as Kyiv faced heavy Russian missile and drone attacks. The sale of Hawk air defence equipment and sustainment will cost up to US$172 million, while Bradley Infantry Fighting Vehicle equipment and services will total up to US$150 million, the US Defence Security Cooperation Agency (DSCA) said. The proposed Hawk equipment sale 'will improve Ukraine's capability to meet current and future threats by further equipping it to conduct self-defence and regional security missions with a more robust air defence capability,' DSCA said. And the Bradley equipment and services will help meet Ukraine's 'urgent need to strengthen local sustainment capabilities to maintain high operational rates for United States provided vehicles and weapon systems,' it said. The State Department approved the possible sales and the DSCA provided the required notification to the US Congress, which still needs to sign off on the transactions. The latest proposed military sale to Ukraine follows another announced in early May valued at US$310.5 million for F-16 training and sustainment. Top stories Swipe. Select. Stay informed. Singapore Judge asks prosecution for more information on Kpods in first case involving etomidate-laced vapes World In landmark opinion, World Court says countries must address climate change threat Singapore 5 teens arrested for threatening boy with knife, 2 charged with causing hurt Singapore Male victim of fatal Toa Payoh fire was known to keep many things, say residents Sport Bukayo Saka the difference as Arsenal beat AC Milan at National Stadium Singapore HDB launches 10,209 BTO and balance flats, as priority scheme for singles kicks in Singapore Over 1.15 million Singaporeans aged 21 to 59 have claimed SG60 vouchers Singapore Cyclist charged after allegedly hitting elderly pedestrian, killing him Russia's President Vladimir Putin launched the full-scale invasion of neighbouring Ukraine in 2022 and has shown little willingness to end the conflict despite pressure from the United States. Under former president Joe Biden, Washington committed to providing more than US$65 billion in military assistance to Ukraine. But President Donald Trump – long sceptical of assistance for Ukraine – has not followed suit, announcing no new military aid packages for Kyiv since he returned to office in January. AFP

Britain and India to sign landmark free trade pact during Modi visit
Britain and India to sign landmark free trade pact during Modi visit

Straits Times

timean hour ago

  • Straits Times

Britain and India to sign landmark free trade pact during Modi visit

FILE PHOTO: Britain's Prime Minister Sir Keir Starmer attends a bilateral meeting with India's Prime Minister Narendra Modi on the sidelines of the G20 summit at the Museum of Modern Art in Rio de Janeiro, Brazil. Picture date: Monday November 18, 2024. Stefan Rousseau/Pool via REUTERS/File Photo LONDON/NEW DELHI - Britain and India will sign a landmark free trade agreement on Thursday during a visit by Indian Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses. The two countries concluded talks on the long-coveted free trade pact in May after three years of stop-start negotiations, with both sides hastening efforts to clinch a deal in the shadow of tariff turmoil sparked by U.S. President Donald Trump. The agreement between the world's fifth and sixth largest economies aims to increase bilateral trade by a further 25.5 billion pounds ($34 billion) by 2040. It will take effect after the British parliament and India's federal cabinet approve it, likely within a year. "Our landmark trade deal with India is a major win for Britain. It will create thousands of British jobs across the UK, unlock new opportunities for businesses and drive growth," British Prime Minister Keir Starmer said. The agreement will be signed during Modi's fourth visit to the UK since he took office in 2014. The leaders will also sign a strategic partnership covering areas such as defence and climate, and strengthen co-operation on tackling crime. Under the trade agreement, tariffs on Scotch whisky will drop to 75% from 150% immediately, and then slide to 40% over the next decade, according to the British government. On cars, India will cut duties to 10% from over 100% under a quota system that will be gradually liberalised. In return, Indian manufacturers are expected to gain access to the UK market for electric and hybrid vehicles, also under a quota system, Indian commerce ministry officials said. The ministry has said 99% of Indian exports to Britain would benefit from zero duties under the deal, including textiles, while Britain will see reductions on 90% of its tariff lines. The agreement represents Britain's most significant trade deal since it left the EU in 2020, though the projected boost to British economic output, of 4.8 billion pounds a year by 2040, is small compared to the country's gross domestic product of 2.6 trillion pounds in 2024. The deal will also facilitate easier access for temporary business visitors, though visas are not covered. Britain and India also agreed to ensure workers no longer have to make social security contributions in both India and Britain during temporary postings in the other country. Under the trade deal, British firms will be able to access India's procurement market for projects in sectors such as clean energy, and it also covers services sectors such as insurance. India didn't succeed in its efforts to get an exemption from Britain's Carbon Border Adjustment Mechanism (CBAM) - which could levy higher taxes on polluters from 2027 - as part of the deal. The two sides also haven't concluded talks over a separate bilateral investment treaty, which were held in parallel to trade negotiations but still continue. REUTERS

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store