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Aluminum: LME prices rise as premium falls in Midwest
Although aluminum prices have begun to rebound in the short term, they have not yet broken through the directional ranges that would signal the start of a new trend. In fact, prices continue to create an uncertain environment for the aluminum market due to a lack of...
Aluminium: Rio Tinto calculates production costs for the green model
Rio Tinto is discovering how difficult it is to produce low-carbon aluminium. In its second quarter results, the company reported a $1.175 billion write-down of its two Australian alumina refineries. This was partly due to what Rio Tinto called 'difficult market...
Tin: prices rebound thanks to Myanmar mining ban
Tin prices rebounded Thursday following the mining ban in Myanmar, the world's third-largest tin miner, but most other industrial metals fell due to the strong dollar and concerns about global demand. Three-month tin surged 3.8 percent on the London Metal Exchange...
Nickel: Chinese producers look to London stock exchange for profits
Chinese nickel producers are looking to sell nickel on the London Metal Exchange (LME) as they seek improved access to global markets and rush to lock in profits as they ramp up production. This could be an incentive for the exchange, the world's oldest and largest...