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Aluminium Price Trends: A Comprehensive Analysis
In May, aluminium prices rose significantly, outperforming all other base metals by 5.28%. On 29 May, prices reached their highest level since June 2022, before losing all the gains accumulated in the first three weeks of June. This fluctuating trend reflects the...
Copper: Expansion of the Mirador Mine in Ecuador: Opportunities and Challenges
The government of Ecuador is preparing to approve the ambitious expansion of the Mirador copper mine, operated by the local unit of the Chinese CRCC-Tongguan consortium, EcuaCorriente. This project, also known as Phase II, aims to significantly increase ore production...
Copper and Nickel: Vale and Its Ambitious Mining Expansion Plan in Brazil and Canada
Vale SA, the Brazilian mining giant, has announced bold plans to improve and expand its mining operations in Brazil and Canada, aiming to significantly increase copper and nickel production capacity over the next four years. The company plans to invest up to $3.3...
Maritime Transport Market Performance: Between Strong Demand and Rising Tariffs
Over the past week, ocean freight rates from Asia have remained stable, but have already started to rise with the introduction of the Peak Season Surcharge increases mid-month. This increase is driven by steady demand and persistent congestion in the Red Sea,...