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Codelco bets on the Chinese market: copper premiums unchanged for 2025 despite production challenges
Chilean state-owned copper producer Codelco has proposed a premium of $89 per tonne for refined copper to Chinese customers for 2025, effectively keeping the price unchanged from the previous year. This information, reported by sources close to the matter, indicates...
Aluminium Sector in Iran: 2024 Production and the Contribution of Large Smelters
Iran's state-owned metals and mining company, IMIDRO, recently announced that cumulative aluminium ingot production reached 352,423 tonnes in the first seven months of 2024, up to 21 October. The main smelters contributing to this volume are South Aluminum Corporation...
Chinese Steel Industry Under Pressure: New Threats from US Tariffs and Challenges in the Global Market
China's steel industry is facing a critical moment, with the risk of new US tariffs that could severely affect its exports. According to a report published by Reuters, China's steel sector, already focused on exports due to weak domestic demand and overcapacity, could...
Indonesia and China: New $1.42 Billion Nickel Production Plant Focuses on Electric Vehicle Battery Sector
Indonesia, already at the centre of global nickel production, is aiming to strengthen its role in the supply chain of batteries for electric vehicles, and the new agreement between GEM Co., a Chinese battery metals producer, and Vale's Indonesian subsidiary is a...