Loading
Copper: Freeport in negotiations to extend rights over Grasberg mine
U.S.- based mining company Freeport-McMoRan is in preliminary talks with the Indonesian government to extend its rights to the Grasberg copper mine beyond 2041.The move comes as the publicly traded mining company seeks to continue to be a "dominant global producer" of...
Steel rails: Italian rail network awards an order of more than 200,000 tons
Italian railway company Rete Ferroviaria Italiana (RFI) has awarded a large order of more than 200,000 tons of rails to five steel producers in Europe. The order, with a total value of 1.1 billion euros ($1 billion), will be divided into two phases. The first phase...
Aluminum and copper: Alcoa, Aurubis and Hydro vs. Russian metal
Three different metal producers are calling on the governments of Europe and the United States to take tougher measures to prevent Russian-produced metal from gaining market share in those regions. U.S. aluminum producer Alcoa, German copper producer Aurubis and...
Industrial metals: technical conditions suggest a rebound in prices
Certainly it is still early to talk, because at the moment prices have sent only a tentative signal of reaction. However, there are many technical-graphic conditions that suggest a potential rebound that may get underway soon. Just to name a few: the several positive...