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Maritime Freight Growth: An Analysis of Current Trends and Future Prospects
In the past week, spot rates of sea freight rates reached their highest levels of the year on major global trade routes. However, the rate of price growth has started to slow down after a surge at the beginning of the month. Signs indicate that prices may have...
World Stainless Steel Production in the First Quarter of 2024
In the first quarter of 2024, global crude stainless steel production declined by 1.3% from the previous quarter to 14.58 million metric tonnes. However, compared to the same quarter a year earlier, production showed an increase of 5.5%, according to the preliminary...
Portugal: New Strategic Plan for the Exploration of Critical Raw Materials
The Portuguese government is finalising a strategic plan for the exploration of critical raw materials needed for the green transition, with copper possibly playing a more important role than lithium. Maria da Graca Carvalho, Minister of the Environment and Energy,...
Growth in Aluminium and Bauxite Operations: Rio Tinto Announces Second Quarter 2024 Production Results
On 16 July 2024, Rio Tinto announced its second quarter production results, showing significant growth in its aluminium and bauxite operations. According to the company's quarterly report, aluminium production in the second quarter reached 824,000 tonnes, registering...