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Nickel: prices reach highest in more than a decade
Nickel prices rose Monday to their highest in more than a decade, driven by low inventories while investors were cautious about tensions in Ukraine. U.S. President Joe Biden and Russian President Vladimir Putin agreed in principle to a summit on Ukraine, offering a...
Tin: global production increases in 2021
In 2021, global tin mining production was 300,000 tonnes, up 14% from 2020 (264,000 tonnes). Supply constraints due to shipping bottlenecks, the re-imposition of the COVID-19 pandemic closure, and increased demand for consumer and electronic goods were largely...
Zinc: High energy costs are pushing smelters to the brink of collapse
European zinc producers will continue to face volatile energy costs until renewables and LNG become more affordable. Zinc smelters are really struggling because electricity is a greater proportion of the cost than copper or nickel smelters. This has led to higher zinc...
Aluminum: Hydro reports power outage at Albras smelter
Global aluminum giant Norsk Hydro reported that one of four production lines at its Albras aluminum smelter was shut down on Sunday, February 19, 2022, due to an internal power distribution failure. The power distribution outage occurred within a production line at...