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Tasmania’s metal exports continue
Tasmania recorded its fourth consecutive month with annual export figures exceeding $4 billion, while 64.1 percent of the state's exports came from non-ferrous metals, metal ores and scrap metal. The state's international merchandise exports of $4.25 billion in the 12...
Nickel: China will be most affected by Indonesia’s move to retain more metal at home
The Southeast Asian country reported Wednesday that it is studying a progressive tax on nickel and ferronickel exports that could be imposed as early as this year. Concerns about fewer shipments from the world’s largest nickel supplier have sent the London Metal...
Nickel: price hits 10-year high on supply concerns
The price of nickel rose to a decade high as investors bet automakers will struggle to secure supplies for their electric vehicle batteries as inventories decline. Nickel has been the best-performing of the industrial metals, which are also up as concerns about...
Zinc: Fitch forecasts a price retracement
Prices averaged $2995/ton in 2021 and closed the year around $3428/ton, a slight retracement from the high of $3944/ton reached in October 2021. Fitch’s price forecast for 2022 implies that the company expects prices to stabilize and weaken from here on in the...