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Lead: Nyrstar smelter in Port Pirie increases production
The lead smelter in Port Pirie, Australia, is increasing production after the completion of a project to improve efficiency. The Port Pirie smelter had been closed in October for work to reduce emissions and improve operational performance. Nyrstar, majority owned by...
Nonferrous metals: China makes a strong return to the market as imports rise in November
China will change import and export tariffs on some goods starting Jan. 1 in order to accelerate and promote development and expand domestic demand. Export tariffs on aluminum and aluminum alloys will be increased. Policymakers have pledged to expand domestic demand...
Copper: new talks between Panama and First Quantum offer hope for deal
Panamanian officials and the operator of a giant copper mine have returned to the negotiating table after a break of more than a week. Both sides said they wanted to reach an agreement on tax payments and to avoid closure of the plant. Vancouver-based First Quantum...
Copper: gap up opening and price touches 2-week highs
Reference metal prices in London rose on Wednesday, with copper touching a two-week high and recovering from the rally in commodity prices spurred by China's move to reopen its borders, further loosening COVID controls. Three-month copper on the London Metal Exchange...