Shfe Base Metals Rebound: Tin Leads the Gain
Base metal prices listed on the Shanghai Futures Exchange (Shfe) rallied sharply in the morning session on Wednesday, June 4, with tin leading the gains. After falling the previous day, the metal showed a significant rebound, leading the entire sector higher. As of...
Ivanhoe Announces Kakula Mine Restart in Two Phases
Canadian mining company Ivanhoe Mines has announced the phased resumption of operations at its Kakula underground mine in the Democratic Republic of Congo (DRC). The western section of the mine will be restarted by the end of June, the company said on June 2, while...
Trump Doubles Aluminum Tariffs: New Uncertainty for Global Market
US President Donald Trump has once again shaken the global aluminum market with the surprise announcement of an increase in import duties of up to 50% on all aluminum supplies destined for the U.S. market. The measure, he said, will take effect on Wednesday, June 4....
Aluminum Billet Premiums Decrease in Asia, Steady in West
6063 aluminum billet premiums declined in Asia in the month ended Friday, May 30, driven by weak downstream demand and downward pressure on primary ingot premiums. In Thailand, 6063 aluminum billet premiums, CIF, stood at $250-$280 per tonne, down from $270-$320 at...
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