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Nickel: LME bans Russian metal from authorized British warehouses
The London Metal Exchange (LME) has banned Russian nickel from its two authorized warehouses in the UK for exports made as of July 20. The decision follows an April 1 resolution that blocked other Russian metals, including copper, lead, primary aluminum and aluminum...
Aluminum and zinc: with high energy costs, prices could outperform
Slowing economic growth is weighing on industrial metals prices, but zinc and aluminum could outperform if skyrocketing energy prices force European smelters to further cut production, leading to greater shortages. Metal prices, including copper, aluminum and zinc,...
Copper and zinc: Lundin considers selling its $1 billion mine in Portugal
Lundin Mining Corp. is considering the sale of a copper and zinc mine in Portugal that could be valued at about 1 billion euros. The Toronto-based company is talking to potential consultants to evaluate options for the Neves-Corvo mine in southern Portugal. A sale...
Copper and nickel: OZ Minerals gets final approval for a project
On Monday, the Western Australian government granted final regulatory approval for the miner to begin construction of its West Musgrave copper-nickel project. Global mining companies are trying to make money on metals such as copper and nickel, which are key raw...