Magnesium: Chinese prices fall to six-month lows as economic slump hits demand
In the week of Dec. 9, Chinese magnesium prices fell below the key threshold of 3,096 euro/ton, hitting a six-month low, due to the economic slowdown that has weighed on both local and global demand, leading to oversupply in the Chinese domestic market. Smelters in...
Carbon emissions: Ithe European Parliament has reached a tentative agreement with the EU Council
The European Parliament reached a provisional agreement with the EU Council early Dec. 13 on the border carbon adjustment mechanism, extending the scope of the European Commission's original proposal to hydrogen, indirect emissions and some downstream products. The...
Lithium: Albemarle to build $180 million research center in U.S.
Albemarle, the world's leading lithium supplier, will invest at least $180 million to build a new technology park in the U.S. state of North Carolina, where it plans to advance research on lithium and other products. The company expects that innovations at the new...
Metal duties: China reacts strongly to WTO ruling
In the latest U.S. steel news, a WTO ruling has sparked a new war of words between the United States and China. Last weekend, the WTO finally ruled on the 25 percent taxes on global steel imports and 10 percent on aluminum imports imposed by former U.S. President...
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