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Indonesia Opens New Chapter in Copper Industry with PT Amman Mineral Nusa Tenggara Plant
Indonesian President Joko Widodo recently inaugurated the PT Amman Mineral Nusa Tenggara (AMNT) copper smelting and precious metal refining plant in West Sumbawa District, West Nusa Tenggara. This project marks a significant step for Indonesia in the copper processing...
Primary Aluminium Production in the World: August 2024 between Stability and Decline in Oceania
In August 2024, the Oceania region experienced a decline in primary aluminium production. However, in parallel with a decrease in production in this region, global output fell from the record levels reached in previous months. Despite this, the decline was partially...
The August 2024 Steel Market: Raw Material and Energy Price Fluctuations, Impacts on Production Costs
In August 2024, the steel industry observed a number of significant movements in raw material and energy prices, profoundly affecting steel production costs. The changes affected both non-energy raw materials used in steel production and energy costs, showing...
Copper at highs since mid-July: the effect of the Fed’s rate cut on the economy and the commodities market
The copper price rose sharply, reaching its highest level since mid-July, the day after the Federal Reserve announced an aggressive interest cut rate. The Fed's decision, which lowered rates by half a percentage point, was made to stimulate the US economy and support...