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Base Metals Decline On The SHFE As Tin Leads Losses In Morning Trading
Most base metals prices on the Shanghai Futures Exchange (SHFE) declined during morning trading on Thursday January 22, with tin recording the sharpest drop. The bearish move emerged early in the session and reflected position adjustments and profit-taking, rather...
The United States Turns To Congo To Reduce Dependence On China For Critical Minerals
The Democratic Republic of the Congo has handed the United States a vetted list of mining and processing projects, formally opening the door to American investment in critical minerals. The move represents Washington’s most concrete step so far to weaken China’s grip...
Speculation Drives Gallium Prices Higher In China While Germanium Remains Divided
Gallium prices in China surged by nearly 12.46% in the fortnight to Tuesday January 20, driven mainly by short-term speculative capital inflows that rapidly pushed spot prices higher. According to Commodity Evolution sources, the move is not linked to a structural...
Alumina Prices Remain Rangebound Across The Pacific Amid Oversupply And Cooling Speculation
Prices of China- and Australia-origin alumina remained largely rangebound in the week to Thursday January 15, amid ample availability in the Pacific market and a cooling of the recent alumina futures rally in China. According to Commodity Evolution, the alumina index,...