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Copper: Panama gives First Quantum the green light to operate a port terminal
The Panama Maritime Authority has lifted the suspension of First Quantum Minerals' operations at the port of Punta Rincon, which the Canadian company uses to export copper concentrate from its key Cobre Panama mine. The company, which has spent very hot weeks with...
Tin: the price under pressure in the short term
The price of tin is forecast at $20,000 per ton by 2023 as the strengthening U.S. dollar puts a cap on metal prices, while Chinese demand shows a slow recovery. While supply has remained steady, the outlook for global demand has declined substantially due to weakening...
Steel: Ekinciler restarts production at full capacity after earthquake
Large Turkish steelmaker Ekinciler Demir Celik has restarted production of long steel products after being interrupted by the Feb. 6 earthquakes. Ekinciler has a capacity of 1.25 million tons of liquid steel and produces billet and rebar from 8-50 mm. Most steel mills...
Aluminum: Germany’s Speira shuts down operations at Rheinwerk due to energy costs
After Slovenia's Talum (read more here), Germany's Speira will also shut down aluminum smelting operations at its Rheinwerk plant due to high energy prices, after being forced to halve production last year. Although the Western European energy crisis, which began in...