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Global Logistics Under Pressure: Severe Weather, Falling Freight Rates And New Geopolitical Uncertainties
Winter weather continues to complicate logistics on both sides of the Atlantic, creating delays, disruptions and operational uncertainty. In the United States, the most affected areas remain the Southeast and the southern Midwest, which are still working to recover...
Refined Metals In Europe: Stable Premiums Amid Price Volatility And Weak Physical Demand
Spot premiums for refined nickel in Europe showed surprising stability in the week ended Tuesday February 3, despite strong price fluctuations on the London Metal Exchange (LME). The three-month nickel contract closed at $17,447 per tonne, down from $18,169 per tonne...
Venezuela, The Return Of Mining Interest Between Political Transition And Largely Untapped Resources
Venezuela hosts a wide range of mineral resources, which have remained largely unexplored for decades due to limited investment and political instability. Today, as the country goes through a potential phase of political transition, interest in mining activities,...
Trafigura Wins $500 Million Nickel Case: UK Court Confirms Large-Scale Fraud
The global trading house Trafigura has obtained a key legal victory in the long-running court battle against Prateek Gupta, a Dubai-based businessman, and his trading companies, closing a dispute worth around $500 million linked to a large-scale nickel fraud scheme....