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Copper – Aluminium – Lead: London metal exchange suspends Russian metals
The London Metal Exchange (LME) has suspended deliveries of some Russian metals to its warehouses due to a recent increase in import duties. The move was announced by the exchange early Friday. Following the UK's announcement of an additional 35% duty on imports of...
Bauxite: Rusal’s exports to Guinea halted
Russian aluminium giant Rusal's bauxite shipments to Guinea have come to a halt as the war in Ukraine disrupts the company's global operations. Unlike many other Russian companies, Rusal is not under sanctions, although its billionaire founder Oleg Deripaska is. But...
Tin: AfriTin increases production as tin prices rise
AfriTin increases production as tin prices soarFriTin has exceeded nominal capacity by 12% to 804 tonnes as the company increased production in response to record tin prices. Drilling is underway to expand and improve the resource base. Tin prices are soaring as...
Nickel: Tesla and ‘secret’ agreements blocking metal supplies
The invasion of Ukraine has added agitation among EV manufacturers over the supply of nickel, a critical ingredient in EV batteries, as Russia is one of the world's largest producers. But Tesla had already probed the waters, signing pacts with several nickel suppliers...