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Copper: Peru’s mines face transport delays as protests spread
Protests against the ousting of President Pedro Castillo are beginning to hamper the movement of personnel and supplies at Cerro Verde and other copper mines in Peru, the second largest supplier of the metal. While on-site operations at the mines have not been...
Lifezone Metals: Tanzanian nickel producer to list in New York
Lifezone Metals, which plans to mine nickel in Tanzania with a low carbon footprint, will list in New York in a takeover deal with GoGreen Investments. Lifezone Metals, valued at about $1 billion by the owns the Kabanga Nickel mine and refinery, backed in January by...
Baosteel raises prices for the month of January
Chinese company Baoshan Iron & Steel (Baosteel) has increased its new prices for January. Prices for main products, such as hot-rolled steel and cold-rolled steel, were increased by CNY200/mt and CNY150/mt, respectively. The base prices of heavy plate, hot-rolled...
Magnesium: Chinese prices fall to six-month lows as economic slump hits demand
In the week of Dec. 9, Chinese magnesium prices fell below the key threshold of 3,096 euro/ton, hitting a six-month low, due to the economic slowdown that has weighed on both local and global demand, leading to oversupply in the Chinese domestic market. Smelters in...