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Copper, Zambia At A Crossroads: Expiring Waiver And Nchanga Restart
Zambia reaches the expiry of its waiver of the 10% copper concentrate export duty as Konkola Copper Mines restarts the Nchanga smelter. The temporary suspension, scheduled through September 30, had allowed authorized producers to export some material during domestic...
Nickel And Stainless Steel Scrap: Indonesia Sets The Pace, Tariffs Divide US Industry
A relatively stable stainless steel scrap market coexists with nickel exposed to sharper fluctuations and Indonesia’s production decisions. This was the picture that emerged from the discussion dedicated to nickel and stainless steel during the Recycled Materials...
Copper, Centinela Moves Towards A Strike: Mediation Can Still Avert A Stoppage
The two main unions at the Centinela copper mine say they are ready to strike, but remain open to an agreement. Talks with Antofagasta Minerals enter government mediation after rejection of the company’s contract offer, while workers seek to overcome differences in...
Oil, India Reduces Russian Purchases But A Complete Break Remains Costly
India is reducing purchases of Russian crude, but completely abandoning Moscow’s supplies still appears economically difficult. American pressure increases commercial risk for New Delhi, while refiners continue to assess prices, availability, logistics costs and the...