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Aluminium: US extrusion market sees heightened uncertainty
North American aluminium consumers entered the annual contract negotiation season with greater uncertainty than at the height of the pandemic almost three years ago. The extrusion sector, in particular, has been plagued by excess inventories, double-digit demand...
Copper: First Quantum in trouble because of Panamanian protesters
Canadian mining company First Quantum Minerals is bracing itself for a rough ride as Panama seeks to cancel its contract to operate one of the world's largest copper mines. Panama's shock decision on Sunday to hold a binding vote on whether to cancel the 20-year...
HRC steel: European producers increasingly optimistic due to rising costs and reduced supplies
European hot rolled coil (HRC) prices rose on Wednesday, 1 November, with mills becoming increasingly bullish and increasing their offer prices for coils with January delivery. Integrated mills in northern Europe are targeting increases of €30-50 ($32-53) per tonne...
Lithium: Zimbabwe’s export earnings triple as projects take off
Zimbabwe has earned $209m from lithium exports in the first nine months of 2023, almost triple last year's gains, thanks to Chinese-led mining and processing projects taking off. Africa's leading lithium producer, Zimbabwe hopes demand for the mineral, which is...