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Indonesia: New Crackdown on Illegal Mining and Expected Impact on Nickel and Tin
Indonesian President Prabowo Subianto, in his first address to the nation on August 15, announced his intention to continue and strengthen the fight against illegal mining in the archipelago. The government has received reports of 1,063 active illegal mines, although...
Copper Premiums: Decline in the United States and Europe, Rises in Asia
In Southeast Asia, premiums for Grade A copper cathodes recorded a further increase in the week ending Tuesday, August 19. The market was supported by the temporary closure of the PT Smelting smelter in Gresik, Indonesia, which reduced available supply and stimulated...
LME Closure for Summer Bank Holiday: Metals Markets on Pause Monday, August 25, 2025
Today, Monday, August 25, 2025, the London Metal Exchange (LME), the world's leading non-ferrous metals trading venue, will be closed for the Summer Bank Holiday, one of the most important national holidays in the United Kingdom. The holiday, which traditionally marks...
Zinc Premiums: Slight Rise in Italy, Stability in Asia and the US
During the August 19 pricing session, premiums for SHG zinc (99.995%) in Europe showed mixed dynamics. According to Commodity Evolution's weekly assessments, ex-works Rotterdam and ex-works Antwerp premiums remained unchanged at $250-280/ton, signaling a very quiet...