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Nickel: supply boom hits the LME
The nickel market is at a 'tipping point', with a surge in supply of the battery metal about to hit the London Metal Exchange and drive prices down. The nickel market has become increasingly unhinged since the huge inventory squeeze that shook the market last year, as...
Copper: Chile wants to increase smelting capacity to be less dependent on Asian plants
Chile, the leading copper mining nation, is pursuing a strategy to increase local processing capacity in an attempt to reduce dependence on Asian smelters and make transport cleaner. The Ministry of Mines has submitted a plan to Congress to upgrade existing smelters...
Aluminium Dunkerque commits major investment to accelerate decarbonisation efforts
Aluminium Dunkerque, Europe's largest aluminium smelter located in northern France, is taking significant steps towards decarbonisation. As the first primary aluminium producer in the European Union, the company has launched the first phase of its ambitious...
Copper: US imposes sanctions on Russian producer UMMC
The US has imposed sanctions on leading Russian copper producer Ural Mining And Metallurgical Company (UMMC) as a measure to "reduce Russia's revenue from the mining and metals sector". Washington, along with Western allies, has imposed sanctions on hundreds of...