Polyolefins: price increase forecasts prevail in Poland
Market activity in Poland slowed down this week. Customers who needed volumes already made purchases at the beginning of the month. Others postponed purchases believing that prices will not remain at this level for long. As a reminder, HDPE, LDPE and LLDPE have...
Alcoa makes $2.2 billion bid for Australian partner Alumina Ltd
US aluminium producer Alcoa Corp. has made a $2.2 billion bid to acquire Australian joint venture Alumina Ltd. in order to consolidate ownership of key upstream assets ahead of an increase in long-term demand for the metal. The offer represents a premium of about 13...
Zijin will expand copper mine in Tibet
Chinese mining group Zijin announced on Friday that it is proceeding with the second phase of a major expansion of its Julong copper project in Tibet, after receiving government approval. The permit will allow Zijin to increase the mine's capacity to 350,000 tonnes...
Copper: prices open in gap down due to a stronger dollar and increased stocks in China
Copper prices lost ground on Monday, weighed down by the strengthening US dollar ahead of key economic data and rising inventories in major consumer China. Three-month copper on the London Metal Exchange (LME) was down slightly by 0.42 percent at $8,524 a tonne (09:42...
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