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Nickel Market 2024: Between oversupply, global challenges and demand for EV batteries
In 2024, the nickel market experienced a first half of the year characterised by strong price momentum, driven by speculation and general optimism in the commodity sector. However, the second half of the year saw a reversal, with a significant drop in prices due to...
Rosatom and the Russian response to US restrictions on enriched uranium
Russia's state-owned corporation Rosatom, the world's largest supplier of enriched uranium, confirmed on Monday that supplies of uranium to its customers are continuing smoothly, including US markets, thanks to a special licensing regime. However, the announcement...
October marks a drop in primary aluminium billet production in China
China's primary aluminium billet production slowed down in October 2024, marking a decline from September's record levels. This decline was driven by a combination of unfavourable factors, including high selling prices, low processing fees and weak demand in...
OM Holdings maintains production targets despite explosion at Sarawak plant
OM Holdings, one of Australia's leading listed ferrous alloy manufacturing companies, has confirmed that it is maintaining its production forecasts for the financial year 2024, set at 460,000-490,000 tonnes per annum (mt/year), despite an explosion that occurred on 17...