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Alumina/bauxite: the imports into China in May reached a record level
China's bauxite imports reached a monthly record of 11.97 million tonnes in May, up 31.4 per cent year-on-year, according to data from China's General Administration of Customs on 24 June. Imports have remained above 10 million tonnes for five consecutive months,...
Steel and aluminium: US to increase tariffs on some imports from Russia to 35 per cent
The United States will increase tariffs to 35% on some steel and aluminium products imported from Russia in a move that will affect 570 different product groups in various sectors. According to President Joe Biden, the increase in rates to 35% on certain other...
Copper: Codelco sees a ‘very stable’ copper price despite recent decline
The chairman of the board of Chilean copper giant Codelco Máximo Pacheco, sees a stable copper price despite the recent drop. The comments come as copper prices recorded their biggest weekly drop in a year, as investors fear that central banks' efforts to curb...
Copper and zinc: eight investors bid for Saudi mining site
Six international investors and two domestic companies have applied to bid for the exploration rights to the Khnaiguiyah zinc and copper deposit in Saudi Arabia. The bidding companies are Aditya Birla Group, Vedanta (both Indian), Norinco (China), Ivanhoe Electric...