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Nickel-lithium-cobalt: Chinese Tsingshan large-scale producer
Tsingshan Holding Group, the Chinese company that shook up the nickel world by rapidly increasing production in Indonesia, is predominantly a stainless steel producer, coming out of nowhere to become the world’s top nickel producer in 2018 thanks to its...
Copper and gold miner Oyu Tolgoi: Jakob Stausholm meets Luvsannamsrain Oyun-Erdene
Rio Tinto CEO Jakob Stausholm met with Mongolia’s Prime Minister Luvsannamsrain Oyun-Erdene this week, with the aim of resolving the issues that still threaten the future of the vast Oyu Tolgoi copper and gold mine. The ongoing expansion of the project in the...
Copper: update – break up of the trigger line at 9750 $/ton
As written in the previous article (read here) copper prices have completed the double minimum and at the moment are in the process of breaking the trigger line at $9,750/ton. The current movement may extend the rebound in the short term towards the next targets...
Ferrous scrap: Chinese imports drop 55% in October for the third month
China’s recycled steel raw materials, or ferrous scrap import volumes, in October 2021 fell for the third month in a row. The world’s top steel producer imported 9,152 metric tons of ferrous scrap in October compared to 20,519 metric tons in the previous...