Loading
Copper: deficit reduced to 475,000 tonnes in 2021
According to the International Copper Study Group (ICSG), the global refined copper market showed a deficit of 92,000 tonnes in December, compared to a deficit of 123,000 tonnes in November. For the year as a whole, the market reported a deficit of 475,000 tonnes,...
Zinc: Nyrstar’s Auby smelter resumes production at reduced rate
Auby's Nyrstar zinc operations in northern France will resume production at reduced capacity in the coming weeks after being placed on "care and maintenance" status in January in response to high energy prices. Production cuts in Europe, supply concerns and shortages...
Copper: Southern Copper close to restarting Cuajone mine in Peru
Southern Copper Corp reported on Saturday that it was close to finalising an agreement with a group of communities to revoke a protest that had led its Cuajone mine to suspend operations, pending ratification of the agreement by local community assemblies. The Cuajone...
Aluminium: Australia bans alumina exports to Russia
Australia has imposed an immediate ban on exports of alumina and aluminium ores, including bauxite, to Russia. Russia relies on Australia for almost 20% of its alumina needs. The move will limit Russia's ability to produce aluminium, which is a critical export for...