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Copper: prices underwhelming as activity data in China show uneven recovery
Copper prices remained subdued during Asian trading on Tuesday after China's April industrial production and retail sales growth missed analysts' forecasts, underscoring signs of a patchy economic recovery for the world's largest metals consumer. Three-month copper on...
Qianhai Stock Exchange expects contracts for battery metals and green aluminium
China's Qianhai Mercantile Exchange (QME) is planning to launch contracts on lithium carbonate, nickel sulphate and cobalt; one of the three contracts could be launched this year. The QME is also considering launching a physical contract on low-carbon aluminium, the...
Zinc: price weakens as supply rebound eases fears of a supply shortage
Zinc prices are falling, with the three-month metal on the London Metal Exchange (LME) hitting a two-and-a-half-year low of $2,517.50 per tonne on Friday morning. Zinc's slump is part of a broader decline in prices across the base metals complex, as China's rebound...
Aluminium: Shandong Nanshan could expand $6 billion Indonesian site
China's Shandong Nanshan plans to expand its new Indonesian alumina plant into a $6 billion aluminium smelting complex by 2028, which would be one of the largest foreign investments in the resource-rich nation. Shandong Nanshan is part of a growing group of private...