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Tin: the price under pressure in the short term
The price of tin is forecast at $20,000 per ton by 2023 as the strengthening U.S. dollar puts a cap on metal prices, while Chinese demand shows a slow recovery. While supply has remained steady, the outlook for global demand has declined substantially due to weakening...
Aluminum: Germany’s Speira shuts down operations at Rheinwerk due to energy costs
After Slovenia's Talum (read more here), Germany's Speira will also shut down aluminum smelting operations at its Rheinwerk plant due to high energy prices, after being forced to halve production last year. Although the Western European energy crisis, which began in...
Copper: logistics of Peruvian mining companies at risk as protests continue
According to Fitch Ratings, mining companies operating in Peru face material risk due to protracted protests and blockades in the world's second-largest copper-producing nation, with possible lack of supplies and problems transporting ore to ports. Protests and...
Copper: Panama and First Quantum agree details for Cobre Panama mine contract
The government of Panama and First Quantum Minerals of Canada have agreed on the final text for a contract to operate the Cobre Panama copper mine. The new contract guarantees the Central American government a minimum annual income of 375 million dollars and will be...