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Pulp production: ANDRITZ successfully launches ‘STAR’ project in Bracell, Brazil
ANDRITZ has successfully started key production for the first of two environmentally friendly hardwood pulp production lines supplied for Bracell's "STAR" project in Lençóis Paulista, São Paulo. The second line is due to be commissioned by the end of September. The...
Copper price: one-month lows as Evergrande crisis intensifies
Copper prices fell to one-month lows on Monday as traders plotted the risk of contagion from the Evergrande debt crisis, which is fuelling fresh fears about China's growth path. Benchmark copper on the London Metal Exchange touched $8,975 a tonne, the lowest since...
Nickel: global production to increase by 6.8% in 2021
Global nickel mine production is expected to grow by 6.8% to reach 2,427.4kt in 2021, after declining an estimated 4.2% to 2,272kt last year due to blockages and covid-related restrictions. Indonesia (+16.3%), the Philippines (+5.1%) and Brazil (+24%) will contribute...
Iron ore: Price falls below $100 a tonne
The price of iron ore sank below $100 a tonne on Friday for the first time since July 2020, as China’s moves to clean up its heavily polluting industrial sector caused a rapid and sharp collapse. The Ministry of Ecology and Environment planned to involve 64 key...