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Lithium: Serbian government revokes Rio Tinto’s licenses
Serbian Prime Minister Ana Brnabic reported Thursday that the government has revoked all licenses tied to Rio Tinto for lithium exploration. All decisions (related to the lithium project) and all licenses have been cancelled. The government's decision came after...
Aluminum: there are no more barriers for a +4.50% ascent
Looking at aluminum prices, there seems to be no more obstacles for a rise of +4.50%, between current prices and the highs recorded on 18/10/2021 at $ 3,228.50/mt. A price extension of at least +4.50% from current prices of $3091/mt to the $3,228.50/mt area is then...
China’s economy will face more uncertainty in Q1 2022
According to the National Development and Reform Commission (NDRC), in the first quarter of 2022, China’s economy will face more uncertainties, and as countermeasures, the Chinese government will advance the implementation of some policies, the progress of some...
Iron ore: price back above $130 with China’s support
Iron ore led gains among industrial metals Wednesday as China promises to use more monetary policy tools to stimulate the economy, brightening the outlook for commodity demand. Singapore futures rose more than 3% to more than $130 a tonne. Dalian iron ore jumped...