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Copper: Copper Study Group predicts a large supply surplus in 2024
The copper market will move from supply-demand balance in 2023 to a large supply surplus next year, the International Copper Study Group (ICSG) said after its meeting in Lisbon this week. Production is expected to exceed utilization by 467,000 metric tons in 2024, a...
Tin: Cornish Metals aims to make Europe a key player in production
For years, Europe's tin price index has depended largely on foreign supply. However, Vancouver-based Cornish Mining plans to start mining groundwater from its South Crofty tin project as early as October. The company is currently preparing its mine water treatment...
Copper: price rises thanks to robust Chinese demand
Copper prices are on an upward trend Monday thanks to support from robust demand from China, the main consumer, despite the strengthening of the U.S. dollar in the wake of violence in the Middle East. Three-month copper on the London Metal Exchange is up 0.65 percent...
Germanium: Congo aims for 30% of global production with new plant
A newly built plant in the Democratic Republic of Congo (DRC) aims to produce 30 per cent of the world's germanium, potentially mitigating China's dominance of the metal used in electronics and solar cells. According to the Critical Raw Materials Alliance, China...