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Aluminum and nickel: prices at previous highs due to Russia factor
Aluminum and nickel prices headed toward multi-year highs Monday due to growing fears that reduced supplies from Russia could exacerbate existing shortages of both industrial metals. A Russian invasion of Ukraine could mean sanctions against Russian companies that...
Copper: metal gets Zambian fiscal boost
Zambia is looking to position itself as Africa's top copper producer over the next decade, reclaiming a position it lost to the Democratic Republic of Congo (DRC) in 2014. The government of President Hakainde Hichilema, who came to power in August, hopes to increase...
Aluminum: Hydro will cut aluminum production in Slovakia due to energy costs
After the Aluminium Dunkirk Industries France (read the article here) also Norsk Hydro's majority-owned aluminum plant in Slovakia will cut its production to about 60 percent of capacity in response to high electricity costs. A surge in energy and natural gas costs...
Copper – Gold – Silver: Philippines lifts ban on open pit mining to reinvigorate industry
The Philippines has lifted a four-year ban on open-pit mining of copper, gold, silver and complex minerals marking the second landmark policy move this year as the government seeks to revitalize the industry. Environment and Natural Resources Secretary Roy Cimatu...