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Copper: new rebound for prices on weakening dollar and optimism about Chinese demand
Prices of copper and other industrial metals extended gains Friday, driven by the weakening dollar, optimism about China, the main metals consumer, and persistent smelter closures limiting supply. Three-month copper on the London Metal Exchange is gaining 1 percent...
Gas and energy market crisis: Europe’s metal and mining industries call for urgent action
Associations representing European ferrous and nonferrous metal producers and miners, among other European groups, are calling for urgent and effective action at the European level on gas and electricity prices, according to a joint letter sent to European Commission...
Sweden to receive 155.7 million euro grant to achieve energy transition
Sweden is to receive 155.7 million euros in grants from the EU to help the country achieve climate neutrality by 2045, including by reducing industrial emissions through the transformation of its steel, mining, and metals industries, according to a Sept. 5 European...
Aluminum: Dutch producer Aldel halts production due to high energy prices
Dutch aluminum producer Aldel said Friday it would suspend remaining production capacity at its Farmsum plant, citing the continued rise in energy prices and lack of government support. Aldel joins a growing list of companies cutting or discontinuing European...