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Aluminium: Rio Tinto calculates production costs for the green model
Rio Tinto is discovering how difficult it is to produce low-carbon aluminium. In its second quarter results, the company reported a $1.175 billion write-down of its two Australian alumina refineries. This was partly due to what Rio Tinto called 'difficult market...
Tin: prices rebound thanks to Myanmar mining ban
Tin prices rebounded Thursday following the mining ban in Myanmar, the world's third-largest tin miner, but most other industrial metals fell due to the strong dollar and concerns about global demand. Three-month tin surged 3.8 percent on the London Metal Exchange...
Nickel: Chinese producers look to London stock exchange for profits
Chinese nickel producers are looking to sell nickel on the London Metal Exchange (LME) as they seek improved access to global markets and rush to lock in profits as they ramp up production. This could be an incentive for the exchange, the world's oldest and largest...
Steel: Chinese exports and prices put Indian producers in crisis
India, despite being the world's second-largest steel producer, continues to grapple with dependence on steel imports. In recent months, China has emerged as one of India's major steel exporters, prompting protests from India's domestic sector. In fact, India's steel...