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Nickel: LME contract reform long overdue, says BHP
BHP Group, the world's largest listed miner, has said that the London Metal Exchange's (LME) nickel contract does not represent the physical market and that a reform is 'long overdue'. The drop in volumes after last year's nickel trading disaster, when the LME...
Aluminium: production cut in Yunnan starts to swing Chinese metal prices
As predicted earlier, the cut in aluminium production in Yunnan Province and weaker-than-expected demand recovery have caused metal prices to stall. Both the prices of primary aluminium ingots and aluminium alloys have remained shadowy so far. The price of Aluminium...
Aluminium: Rio Tinto signs agreement with BMW
Rio Tinto said on Tuesday that it will supply BMW with aluminium produced in Canada using hydropower, thus reducing the carmaker's carbon footprint when it comes to purchasing the metal for cars. The British mining company and the German carmaker announced in separate...
Copper: First Quantum sets 23 February as the date for halting operations in Panama
Canadian company First Quantum Minerals said it may halt operations in Panama on 23 February as it nears a 'critical point' in copper storage capacity after the government suspended its loading permits at one port. The Vancouver-based company said the Panama Maritime...