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Nickel: Vale Indonesia aims to complete HPAL plant
Indonesian nickel miner PT Vale Indonesia said it aims to start construction of its Pomalaa project next year to produce material used in batteries for electric vehicles. Adriansyah Chaniago, deputy managing director, added that Vale is currently amending its...
Aluminium: Guinea’s coup adds bauxite to supply concerns
The trigger for the latest rise was news of a military coup over the weekend in Guinea, a major producer of bauxite, which is processed into alumina and then into primary aluminium. The aluminium market does not normally pay much attention to disruptions at the end of...
Coup in Guinea: third largest producer of bauxite
The military junta that seized power in Guinea reportedly plans to establish a unity government pending a transition to civilian rule, urged mining companies to continue operating and reassured them that their existing agreements with the state will be honoured....
Aluminium: new capacity to tame prices
A prolonged period of high aluminium prices, created in part by production cuts in China, is expected to encourage new capacity elsewhere in the world, which will eventually weigh on prices at 10-year highs. Benchmark aluminium on the London Metal Exchange reached...