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Iron ore: Price back below $100/mt
China's iron ore price fell below $93.75/mt for the first time in nearly a year, due to supply conditions and poor demand prospects. The iron ore price in Singapore slumped for a fifth day as the world's top steelmaker stepped up efforts to curb annual volumes. Iron...
Copper: protests force Peru’s largest mine to halt operations
Operations at Peru's Antamina copper and zinc mine, the country's largest producer of the red metal, were suspended on Sunday due to an ongoing roadblock set up by locals who believe the mine has failed to meet its commitments to support local communities. The...
Aluminium: Novelis to expand plant in China
The world's largest aluminium recycler, Novelis, will invest $375 million in its Zhenjiang operation in China to expand the recycling and production of aluminium products used in the automotive industry. Metal recycling will play an important role in the energy...
Iron ore: Fortescue shipments reach an all-time high
Fortescue Metals Group reported record iron ore shipments in the first quarter of 45.6 million tonnes (Mt), a 3% increase over the same period last year. Ore processed and transported by rail also achieved record volumes in the first quarter, reflecting strong...