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CZSP Team Raises Zinc TCS Guidelines for Q3 2025
During a conference held in Qianghai province, China, from June 4 to 6, the China Zinc Smelter Purchase Team (CZSPT) officially announced the new guideline level for treatment charges (TCs) of imported zinc concentrates for the third quarter of 2025, setting it in a...
Rio Tinto Reorganizes Assets to Expand Oyu Tolgoi in Mongolia
British-Australian mining giant Rio Tinto has announced a major reorganization of operations at its Oyu Tolgoi copper mine in Mongolia, in response to growing global pressures over copper security of supply. According to the company, project management has approved...
LME Forces Mercuria To Lend Out Aluminum Position To Avoid Systemic Risk
The London Metal Exchange (LME) has stepped in force to address a potentially destabilizing situation, forcing Mercuria Energy Group Ltd. to lend out part of its huge position in the June aluminum contract to other market participants, according to people familiar...
Steel Ferrous Scrap in Italy: Prices Stabilize After May Rebound
Following the recovery recorded in the last two weeks of May, the ferrous scrap market in Italy seems to have reached a temporary equilibrium phase. Prices, which had touched significant lows in the first part of the month, have increased overall by 10-20 euros per...