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Rio Tinto Bets On Low-Carbon: NZAS Toward The Restart Of The Fourth Potline In New Zealand
Rio Tinto is preparing to restart the fourth potline of the New Zealand Aluminium Smelter, also known as NZAS, after signing a non-binding letter of intent with energy provider Contact Energy. The agreement represents an important step for the future of the Tiwai...
US Copper Under Pressure: Stockpiling, Comex-LME Arbitrage And Section 232 Tariffs Reignite The Market
The copper market has returned to the center of international attention, squeezed between physical movements in London Metal Exchange warehouses, accumulation of material in the United States and new expectations on possible Section 232 tariffs. The combination of...
Asian Stainless Steel Under Pressure: Exports Falling, But China Holds Thanks To High Costs
The Asian stainless steel market showed two speeds in the week to Wednesday May 27. On one hand, prices in the seaborne market fell, penalized by weak demand, buyer caution and bearish expectations linked to upcoming revisions to European safeguards. On the other, the...
SHFE Metals Falling: Tin Leads Losses, But The Risk Premium Remains
Base metals listed on the Shanghai Futures Exchange opened the morning of Thursday May 28 in mostly negative territory, with a widespread retreat across the whole complex. The movement marked a change in tone compared with the previous session, when nickel had led the...