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Cobalt: Congo could become a producer of low-cost/low-emission battery materials
According to an interesting report launched at the DRC-Africa Business Forum 2021, BloombergNEF says that the Democratic Republic of Congo (DRC) could leverage its abundant cobalt resources and hydropower to become a low-cost, low-emissions producer of cathode...
Copper: price falls weighed down by concerns over new covid-19 variant
Copper prices in London fell on Friday as a new COVID-19 variant identified in South Africa fueled concerns about its impact on economic growth. South African scientists detected a new COVID-19 variant in small numbers that could make vaccines less effective and...
Steel: production in China falls for the fifth consecutive month
According to the World Steel Association, global crude steel production for 64 countries stood at 145.7 mln tons in October 2021, down 10.6% from October 2020. Analyzing Chinese data shows a decline for the fifth consecutive month, now at 71.6 mln tons in October...
Tin: price tops $/ton 40,000
Indonesia could halt tin exports in 2024 as part of its ambitions to attract investment in downstream processing and manufacturing to the Asian nation. The news sent the metal, widely used in the electronics industry, to a new record high, with three-month contracts...