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Nickel: Indonesia export ban and domestic processing requirements violate WTO rules
The World Trade Organization has determined that Indonesia's export ban and domestic processing requirements for nickel ore violate WTO rules, according to a report released Nov. 30. The WTO's dispute settlement body set up a panel in February 2021 to examine whether...
Copper: Las Bambas mine resumes production
MMG Ltd has resumed copper production at its Las Bambas mine in Peru after a protest was lifted, adding, however, that transportation of the metal to the port is still blocked due to an additional protest. Earlier this month, Las Bambas had reduced its operations to...
Aluminum: prices react with supply deficit outweighing concerns over Chinese demand
Aluminum prices rebounded Tuesday as falling inventories outweighed demand concerns triggered by rare protests in several Chinese cities against tight COVID-19 restrictions. Three-month aluminum on the London Metal Exchange is up 0.77 percent at $2,390/mt at 09:45...
Metals: with China slowing down price volatility could extend into 2023
Several dynamics have driven metals prices this year. From the strength of the dollar to the war in Ukraine to the still ongoing energy crisis. However, as in the past two decades, the main recurring theme remains Chinese demand. As a producer and consumer of most of...