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Energy Uncertainty for South32’s Mozal Smelter in Mozambique
Australian mining company South32 announced on Monday, July 14, that its Mozal aluminum smelter, located in Mozambique, faces significant uncertainties regarding electricity supply beyond March 2026. The main reason is the difficulty of obtaining a sustainable and...
Base Metals on the SHFE Show Mixed Performance, But Nickel Leads the Rise
During the morning session on Wednesday, July 16, base metal prices traded on the Shanghai Futures Exchange (SHFE) showed a mixed performance. Among all base metals, nickel stood out as the metal with the strongest gains, bucking the trend of other most traded metals....
Nickel Market Excess: Prices Under Pressure Despite Ore Supply Tensions
The global nickel market continues to experience structural oversupply, a condition that will persist through the third quarter of 2025 and, according to the latest forecasts, could last until 2031. This would be the fourth consecutive year of surplus, with an...
Finland Boosts Battery Industry: New Funding for Cathodes and Critical Recycling
The Finnish government has decided to strengthen its support for the emerging battery materials industry, focusing on strategic projects in both the production of active cathodes and the recycling of critical metals. The announcement was made on Thursday, July 10, by...