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Silver: Indian banks block imports as duty differential boosts private trade
Indian banks blocked silver imports after private traders bought large volumes of the precious metal from the United Arab Emirates to benefit from a lower duty. India, the world's largest consumer of silver, imposes a 15% duty on imports of the metal. But the...
Ex-Ilva decree converted into law
Big step forward for the Italian steel industry! The former Ilva decree-law is now law, opening up new prospects and guaranteeing the continuity of production at strategic plants. With 154 votes in favour, 46 against and 56 abstentions, the measure passed the Chamber...
Manganese: Firebird Metals will build a processing plant in China
Australian company Firebird Metals said March 13 that it will build a high-purity manganese sulfate plant in China, the first such deal by an Australian company in the country for the metal, which is considered critical to the development of electric vehicle...
Lithium: the outlook is tilted toward a reduction in supply
Short bets worth billions against some of the world's largest lithium producers are at risk due to signs of reduced supply. UBS Group AG and Goldman Sachs Group Inc. cut their supply estimates for 2024 by 33 percent and 26 percent, respectively, while Morgan Stanley...