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China: abolition of tax refunds on export of semi-finished aluminum products shakes global markets
China's recent decision to eliminate 13% VAT tax refunds for the export of semi-finished aluminium products has caused a veritable earthquake in international markets The announcement, which takes effect on 1 December, could have profound implications for the global...
BHP aims to revolutionize copper production in Chile
BHP, the world's largest mining group, has unveiled ambitious plans to significantly increase copper production in Chile, the beating heart of its operations. The aim is to increase production capacity from 430,000 to 540,000 tonnes per year through new strategic...
Alumina production in South America: a significant decline in the third quarter 2024
Alumina production in South America dropped considerably during the third quarter of 2024, according to a survey by theInternational Aluminium Institute. This decline was mainly driven by decreases of 5.36% and 3.83% in July and September, respectively, compared to...
U.S. construction sector marks major uptick
The construction sector in the US finally broke its sideways trend, posting a notable rise. This rise indicates a potential positive turn for the sector, with the market likely to further benefit from an accommodative approach by the Federal Reserve. If rates continue...