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Teck Lowers 2025 Copper Guidance Due to Operational Slowdowns in Chile and Canada
Mining group Teck Resources has lowered its 2025 copper production guidance following a series of new operational difficulties at its Quebrada Blanca (QB) mine in Chile and its Highland Valley Copper (HVC) plant in Canada. The company, which signed a $53 billion...
Black Mass Market Halted by Asian Holidays, but Payables Remain Supported
The Asian holidays froze spot black mass trading in the week ending Wednesday, October 8, according to Commodity Evolution. The combination of China's Golden Week (October 1–8) and the Korean holidays of Chuseok and Hangeul Day (October 3–9) led to a week of complete...
HRH Metals Changes Ownership and Opens to the Public: Scrap Becomes Strategic to Strengthen Margins and Increase Volume
Longtime Alabama metals recycler HRH Metals announced a change of ownership effective Tuesday, October 7, along with a plan to open its Moody facility to scrap metal from the public, a move aimed at improving operating margins and increasing incoming material flow....
Nickel Premiums Steady in Europe: Demand Focused on Briquettes and Inventories Unchanged in Rotterdam
The European refined nickel market remained stable in the week ending Tuesday, October 7, with limited liquidity but demand focused on briquettes, which continue to dominate trading among traders. According to Commodity Evolution, the premium for nickel briquettes,...