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Diesel: prices up +6.70 per cent from the day before
The Red Sea crisis could lead to diesel shortages in Europe in the coming weeks, with imports expected to fall by two-thirds from current levels and the start of seasonal maintenance at many refineries. The situation is deteriorating rapidly and prices on the...
Rare earth: Vietnam’s production falls in favour of Chinese growth
The US Geological Survey (USGS) has sharply revised downward its estimates of Vietnam's rare earth production and forecasts a further decline despite its rich resources, according to an annual report that showed an increase in production by the dominant producer,...
Aluminium: Hydro will invest EUR 180 million in a new recycling plant in Spain
Aluminium producer Hydro will invest €180m ($195.39m) in a new aluminium recycling plant in Spain that will produce 120,000 tonnes of the low-carbon metal for Europe's energy transition plans. Last year, the European Union listed aluminium as a critical raw material...
Copper-nickel-cobalt: Glencore reports production decline for 2023
Mining company Glencore announced that it has reduced copper, nickel and cobalt production in 2023 and signalled a further drop in production for this year. Copper, nickel and cobalt are materials used for electric vehicles, a key element of the energy transition....