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Aluminum: Romanian producer Alro closes refinery due to “prohibitive” energy prices
Romanian company Alro, one of the largest vertically integrated aluminum producers in Europe by production capacity, announced that due to high costs and poor energy availability, it is forced to change its vertical integration strategy and adapt to the new and...
Copper: MMG suspends production forecast after Las Bambas protests
Chinese mining company MMG Ltd said Monday that it has suspended copper production targets for the current year, following a 60 percent drop in production due to a lengthy protest at its Las Bambas mine in the Peruvian Andes that significantly disrupted operations....
Copper: Chile rejects Anglo American’s second project in two months
Anglo American has suffered a new setback in Chile after Valparaiso's environmental commission, Coeva, rejected the company's $40 million continuing operations project for its El Soldado copper mine, 125 km north of the capital Santiago. Despite the support of the...
Nickel: the supply chain is highly exposed to new shocks
The nickel market is hostage to two unpredictable players: Russia's Vladimir Potanin and China's Xiang Guangda. Nicknamed the Nickel King and the Nickel Big Shot, the two bosses from Norilsk and Tsingshan have influenced the market for decades. But now the pair's...