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Steel: Turkish wire rod exports increased by 172.3% in January-March
According to data provided by the Turkish Statistical Institute (TUIK), Turkey's wire rod exports amounted to 136,650 tonnes in March this year, down 5.5% month-on-month and up 319.1% year-on-year. Revenues from these exports amounted to $84.48m, down 6.9%...
Copper: Congo’s $7m infrastructure deal with China will depend on the metal prince
Some $7m of infrastructure investment in the Democratic Republic of Congo (DRC) by Chinese companies under a revised minerals agreement will largely depend on how high the price of copper remains. The government of President Felix Tshisekedi has pushed for a revision...
Zinc: Boliden restarts Europe’s largest mine
Swedish mining company Boliden will restart production at its zinc mine in Tara, Ireland, after reaching an agreement with trade unions to cut costs, which will involve reducing the workforce by a third. Boliden halted production at Tara, Europe's largest zinc mine,...
Copper, nickel, cobalt and lithium: these metals will increase sub-Saharan Africa’s GDP by 12%
According to the International Monetary Fund (IMF), sub-Saharan Africa, home to 30% of the world's most important minerals, could increase the region's Gross Domestic Product (GDP) by 12%. The IMF made this prediction in its analytical note on Sub-Saharan Africa's...