Loading
Copper: Zambia to start trading its metal in competition with Glencore
Zambia plans to buy and sell some of the copper produced in the southern African nation directly, competing with trading giants such as Mercuria Energy Group Ltd. and Glencore Plc. Zambia joins neighbouring countries, including Botswana and the Democratic Republic of...
Bauxite: GIADEC grants Mytilineos an exploration licence in Ghana
Greece-based energy and metals-focused industrial conglomerate Mytilineos announced on 5 February 2024 that it has been granted a prospecting licence by the Ghana Integrated Aluminium Development Corporation (GIADEC) for the exploration and mining of bauxite deposits...
Global steel market: 2023 figures
Figures from the World Steel Association (Worldsteel) published on 25 January show that global crude steel production remained largely unchanged from the previous year. According to the steel market analysis, steel mined amounted to 1.88 billion tonnes last year, a...
Industrial metals: analysts see weakness in demand in 2024
According to the latest Reuters poll of analysts, 2024 will be a sluggish year for base metals, with weak demand dampening bullish supply pressures. Only copper and aluminium are expected to average higher prices this year, and the expected gains over 2023 are very...