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Nickel: price rebounds as uncertainty over Indonesian prices triggers short covering
Nickel prices are rebounding today, Wednesday, 29 November, with the Shanghai contract posting its highest jump in nearly five months as short position holders exited following potential changes in the pricing mechanism in Indonesia, the main supplier. Three-month...
Copper: Panama’s president orders First Quantum to close Cobre Panama mine after court ruling
Panama's president declared Tuesday that Canadian First Quantum's Cobre Panama copper mine will be closed, just hours after the country's Supreme Court declared its contract unconstitutional. President Laurentino Cortizo said in a televised speech on Tuesday night...
EU and US still far from potential agreement on several areas
The outcome of yesterday's EU Trade Council meeting shows that the EU and the US are still far from reaching an agreement to advance climate protection, combat trade distortions in global industry and resolve the EU-US trade dispute by the end of 2023, as originally...
Semiconductor industry: India and the EU sign a memorandum of understanding
India and the European Union (EU) have signed a memorandum of understanding (MoU) on semiconductors, with the aim of creating a strong supply chain, promoting innovation, and aligning both regions with developments in the semiconductor industry. Under the terms of the...