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Palm oil: Malaysia’s stocks up on expectations
Malaysia's palm oil stocks were better than expected at the end of May, as the monthly drop in production was less than expected. Crude palm oil production fell to 1.46 million tons in May, down 0.07 percent from April, according to the Malaysian Palm Oil Board....
Stainless steel: China’s domestic production in May was about 2.9 mln tons
Domestic stainless steel production in May was about 2.9262 million tons, up 28,800 tons or 1 percent from the previous month and down 1.4 percent year-on-year. Stainless steel in the 200 series stood at 917,000 tons, up 10.1% year-on-year; the 300 series recorded...
New working group created to monitor truce between Las Bambas and indigenous communities
Peru's executive power has launched a temporary working group to keep track of commitments agreed upon between Chinese miner MMG and indigenous communities protesting its Las Bambas copper mine. The announcement, published in the official gazette El Peruano, follows...
Copper: Chile and Ecuador resume talks after years-long impasse
After a years-long stalemate, Ecuador and Chile have resumed negotiations on a partnership to develop a major copper deposit, just as demand for the metal is set to rise amid a nascent transition to clean energy. Ecuador's Minister of Energy and Mines Xavier Vera said...