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Zinc: prices interrupt the positive wake
Zinc prices broke a consecutive string of gains as traders reviewed recent stimulus measures in China's real estate sector. The most-traded October zinc contract on the Shanghai Futures Exchange (SHFE) fell 0.3 percent to 21,200 yuan ($2,907.81) per tonne, slipping...
Codelco raises $2bn in a bond offering
Chile's Codelco has raised $2 billion in a bond offering in New York, as the world's top copper producer seeks to fund an investment campaign to revive declining production. The company offered 10- and 30-year bonds. The 10-year was issued for $1.3 billion with a...
Copper: three South African companies join the race to buy the Khoemacau mine
At least three South African miners are in the race to buy Botswana's Khoemacau copper mine, home to one of Africa's largest copper deposits as growing demand for the metal ensures strong competition for the coveted asset. Johannesburg-listed Impala Platinum, Exxaro...
Aluminum: key points of the global industry (August 2023)
In August 2023, the global aluminum industry saw some significant developments, with LME prices hitting new one-year lows at $2,115/mt while the SHFE price recorded growth. Forecasts for the second half of the year point to a recovery in aluminum demand, with global...