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Global Nickel Market on the Move: Premiums Down in Europe, But Up in the US
The week leading up to Tuesday, July 1, saw considerable activity in the global nickel spot market, with divergent dynamics across major trading regions. While nickel briquette premiums in the US rose for the first time in 2025, Europe saw premiums for full plate and...
Rio Tinto and Milford Mining Sign Strategic Agreement to Boost US Copper Production
Rio Tinto, one of the world’s leading mining and metals companies, announced on Wednesday, July 2, a major three-year partnership agreement with Milford Mining Company to support domestic copper production in the United States. As part of the agreement, Rio Tinto will...
Copper Premiums in Asia in Chaos, While US Declines on Arbitrage
The week ending Tuesday, July 1, saw copper premiums move in mixed ways across major global regions. In particular, Asian markets were described as being in “chaos,” while in the US premiums fell sharply. The underlying factors behind these movements were complex...
Indonesia Considers New Nickel Mining Quota Rules: Market Waits
The Indonesian government is considering a return to annual mining permits (RKAB), reducing the duration of quotas from three years to just one year. The official aim is to strengthen national governance over minerals and coal — with a particular focus on nickel — to...