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Copper: prices up as Chinese production data boost demand hopes
Copper prices are rebounding today after data on manufacturing activity in main consumer China boosted demand hopes. Three-month copper on the London Metal Exchange was up 1.17% (11:27 a.m. GMT+1) at $9,085 a tonne while the most traded April copper contract on the...
Aluminium and Russian metals: US extends punitive economic measures
Aluminium will be the hardest hit with tariffs of 200% on imports of Russian metal, effective 10 March, and on imports of any third country products containing Russian metal, effective 10 April. Tariffs on imports of other metals, such as copper and lead, will double...
Copper: Grasberg mine operations return to normal
Freeport Indonesia has restored operations at its huge Grasberg mine in the Indonesian region of Papua after it was hit by flooding. The company had been forced to halt operations at its flagship mine in February after heavy rains and mudslides damaged the facilities....
Rare earths: Australia prevents China’s Yuxiao from increasing its stake
Australian rare earths producer Northern Minerals said on Tuesday that the federal government had prevented its largest shareholder, China's Yuxiao Fund, from increasing its stake in the company on national interest grounds. Yuxiao Fund needed Foreign Investment...