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Copper: price sell-off after Fed warning on growth
Copper prices fell to their lowest in more than two weeks after U.S. central bank chief Jerome Powell warned that sluggish economic growth and new COVID restrictions in major consumer China have hit market sentiment. The Federal Reserve is expected to raise rates by...
Industrial metals: Lme closed for Summer Bank Holiday
Lme will be closed today, August 29, 2022 for the Summer Bank Holiday. Trading will resume regularly tomorrow, August 30, 2022. You are unauthorized to view this...
Tin: Auxico enters into major purchase agreement from Massangana Tin Tailings project in Brazil
The Canadian company said the agreement calls for the purchase of 3,600 tons of tin concentrate per year over a five-year period, for a total of 18,000 tons of commercial tin concentrate. Auxico Resources Canada Inc announced the signing of a purchase agreement with...
Aluminum: Speira GmbH considers halving production due to energy costs
Aluminum producer Speira GmbH is considering cutting production at its German smelter to 50 percent of total capacity in response to rising energy costs that are squeezing energy-intensive industries across Europe. Speira -- which was part of Norsk Hydro ASA's...