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Base Metals Performance on SHFE: Nickel Leads Down
During the morning trading session on Tuesday, June 10, the prices of the major base metals listed on the Shanghai Futures Exchange (SHFE) recorded modest changes, confirming an overall picture of moderate stability. Among the metals observed, nickel stood out as the...
CZSP Team Raises Zinc TCS Guidelines for Q3 2025
During a conference held in Qianghai province, China, from June 4 to 6, the China Zinc Smelter Purchase Team (CZSPT) officially announced the new guideline level for treatment charges (TCs) of imported zinc concentrates for the third quarter of 2025, setting it in a...
Rio Tinto Reorganizes Assets to Expand Oyu Tolgoi in Mongolia
British-Australian mining giant Rio Tinto has announced a major reorganization of operations at its Oyu Tolgoi copper mine in Mongolia, in response to growing global pressures over copper security of supply. According to the company, project management has approved...
LME Forces Mercuria To Lend Out Aluminum Position To Avoid Systemic Risk
The London Metal Exchange (LME) has stepped in force to address a potentially destabilizing situation, forcing Mercuria Energy Group Ltd. to lend out part of its huge position in the June aluminum contract to other market participants, according to people familiar...