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European Batteries, Clash Over EU-UK Rules: Automakers Seek More Time As Suppliers Defend Investment
Europe’s battery supply chain is divided over rules of origin due to become stricter from January 2027 in trade between the European Union and the United Kingdom. Automakers are seeking another delay, arguing that the supply chain is not yet ready. Materials producers...
Alumina Rises, But The Market Is Divided: Supply Pressure Or Isolated Buying?
The alumina market recorded a sharp increase in quotations over the past week, supported by transactions reported at higher levels. Commodity Evolution’s daily alumina index, FOB Australia, reached $364 per tonne on Thursday October 1, compared with $352.44 the...
Copper, China Requests Supply Guarantees To Approve The Anglo-Teck Merger
The $54 billion merger between Anglo American and Canada’s Teck Resources faces a decisive step in China: the antitrust authority wants guarantees on the continuity of copper concentrate supplies to the country. According to three people familiar with the matter,...
Gunvor Becomes Centalion: Singapore Headquarters And A New Identity For Global Trading
Gunvor is changing its name and preparing to move its headquarters from Cyprus to Singapore. The group will adopt the identity of Centalion Group, following a vote by the employee partnership that owns the company, according to its October 2 announcement. The move...