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Aluminum: Atlas Holdings announces the sale of Aludium to Jupiter Aluminum
Connecticut conglomerate Atlas Holdings (Atlas) and Jupiter Aluminum Corporation (Jupiter) announced this week an agreement for Jupiter to purchase aluminum flat-rolling company Aludium from Atlas for an undisclosed sum. Jupiter says the purchase will strengthen its...
Nickel: will there be enough metal for electric vehicles by 2030?
Demand for nickel increases with the shift to electric vehicles. Nickel prices have been very volatile during 2022. On March 8, 2022, the metal surpassed $100,000 per ton before the London Metal Exchange halted trading, something that has never happened in the nickel...
Copper: Antofagasta predicts global supply shortage this year with volatile prices
Chilean mining company Antofagasta expects a very volatile copper market with a slight supply shortage this year, the company's CEO told Reuters, adding that any unforeseen production shocks would drive up the metal's price. Speaking at the CRU World Copper Conference...
Copper: China’s loss of appetite for imports dampens bullish side of market
Copper is a key metal for the energy transition due to its unparalleled electrical conductivity, but it will struggle to meet its demand potential due to a lack of investment in increased production. Producers will need to invest at least $105 billion to build 6.5...