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Copper Demand to Grow 40% by 2040: A New Strategic Gold?
At the London Indaba conference on June 24, the heads of three mining giants – Anglo American, Vedanta and First Quantum – issued a clear warning: global demand for copper is set to grow 40% by 2040, while the United States has not opened a new mine in over three...
Mixed Price Trends for Base Metals on SHFE: Tin Leads Downward
Non-ferrous metal prices listed on the Shanghai Futures Exchange (SHFE) showed a mixed trend on Wednesday morning, July 2, reflecting an uncertain macroeconomic environment and market dynamics specific to each metal. Among all of them, tin recorded the sharpest...
European Coils and Slabs Market: Falling Prices, Weak Demand and Currency Pressures
The European hot rolled coils (HRC) and slabs market continues to navigate rough waters, with a combination of negative factors impacting both price dynamics and operator psychology. While the HRC sector shows prolonged signs of weakness, the slabs sector is...
Ega Starts First Aluminium Melting Using EX Reduction Cells
Emirates Global Aluminium (EGA), a leading global aluminium producer based in the United Arab Emirates, announced on June 26 that it has started its first hot metal production using its new EX reduction cell technology, as part of a pilot project aimed at...