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Aluminium: close to 3-year highs

Aluminium: close to 3-year highs

Aluminium traded near its highest level in three years as supply disruptions tightened the market. The metal has risen 32% this year, second only to tin among the six base metals traded on the London Metal Exchange, driven by the global economic recovery. The price is...
Copper: Codelco expands Salvador mine

Copper: Codelco expands Salvador mine

Chilean state-owned miner Codelco, the world’s No. 1 copper producer, has invested $1.4 billion in the Salvador copper mine, extending the productive life by 47 years and increasing production by almost 50%. The Rajo Inca project will convert Salvador, which has...
Copper prices: bearish trend continues

Copper prices: bearish trend continues

Copper prices are on a downtrend after reports showed worsening manufacturing growth in the US and China. Chinese factory activity expanded in July at the slowest pace in 17 months, with the official purchasing managers’ index (PMI) falling to 50.4 from 50.9 in...
Commodity Evolution
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