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Copper: Aurubis smelter plans new investment of 530 million euro
Europe's largest copper smelter, Aurubis, has scrapped its current dividend policy and announced 530 million euros ($562.44 million) of growth-oriented investments, expanding facilities in the U.S. state of Georgia and Hamburg, Germany. Completing the accounts for...
Bauxite: Indonesia will ban exports from June 2023
President Joko Widodo, said Indonesia will ban exports of bauxite, a key raw material for aluminum production, starting June 2023. Indonesian bauxite flows mainly to China. According to customs data, China imported 18.1 million tons of bauxite from Indonesia in...
Nickel: world market in deficit in January-October 2022
Apparent demand for nickel metal exceeded production during the first ten months of this year, resulting in a modest deficit in the nickel metal market. The most recent data show that the world nickel market recorded a deficit of 116.6 kt from January to October this...
Zinc: stocks at record lows after a year of smelter challenges
Inventories of the metal at the London Metal Exchange (LME) stand at 36,525 tons, the lowest amount this century. Nearly 60 percent of this metal is for physical loading, leaving only 15,175 tons in stock, no more than a few hours of global consumption. Shanghai...