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Aluminium: demand concerns sink prices
Aluminium prices fell to their lowest in more than three weeks on Monday as COVID-19 blocks in China, the main consumer, fuelled concerns about slowing demand for industrial metals. Benchmark aluminium on the London Metal Exchange fell on Monday to $3,221/mt (lowest...
Bauxite: Guinea asks mining companies to submit refinery plans by May
The interim government of Guinea, the world's second-largest bauxite producer, on Friday asked international mining companies to submit plans to refine their bauxite production into alumina in the country by May 2022. Africa's largest producer of the aluminium ore has...
Aluminium: US imports of P1020 fall in February
Imports of unalloyed primary aluminium into the US in February totalled 134,793 tonnes, down 29% from January, while shipments from Canada fell 21.4% to 86,504 tonnes. Shipments of higher-purity aluminium from countries such as the United Arab Emirates were down 49%...
Zinc: Trafigura gets ready to remove metal from LME system
Trafigura and other firms are moving to take large quantities of zinc out of London Metal Exchange-approved warehouses in Asia, fuelling concern about further problems at the exchange after chaotic nickel trading last month. Stocks of zinc, used to galvanise steel, in...