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China considering lawsuit against Indonesia over bauxite ban
Indonesian President Joko Widodo said the government is ready to respond if any country wants to take legal action against the bauxite export ban implemented earlier this month. On December 20, 2022, Joko Widodo announced that the country would ban exports of bauxite,...
Copper: Northern Dynasty’s Pebble project gains more time
Northern Dynasty Minerals will have to wait until the end of the week to hear the US Army Corps of Engineers (USACE) comment on future plans related to the company's Pebble copper project in southwest Alaska. The Canadian group said the District of Alaska has...
Zinc: more mining suspensions loom if prices remain below $2,400/mt.
Weak demand from the construction industry has pushed zinc prices to levels that leave some producers with little profit, and a prolonged period below $2,400 per ton could trigger production cuts. Used for galvanizing steel, zinc on the London Metal Exchange touched...
Aluminum: EU’s cross-border adjustment mechanism deals a blow to Indian industry
The EU's implementation of the Cross-Border Adjustment Mechanism (CBAM) poses a significant challenge to India's aluminum industry and the global aluminum price. The move stems from the EU's desire to address carbon emissions and achieve zero emissions by 2050....