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Rare earth: Vietnam’s production falls in favour of Chinese growth
The US Geological Survey (USGS) has sharply revised downward its estimates of Vietnam's rare earth production and forecasts a further decline despite its rich resources, according to an annual report that showed an increase in production by the dominant producer,...
Aluminium: Hydro will invest EUR 180 million in a new recycling plant in Spain
Aluminium producer Hydro will invest €180m ($195.39m) in a new aluminium recycling plant in Spain that will produce 120,000 tonnes of the low-carbon metal for Europe's energy transition plans. Last year, the European Union listed aluminium as a critical raw material...
Copper-nickel-cobalt: Glencore reports production decline for 2023
Mining company Glencore announced that it has reduced copper, nickel and cobalt production in 2023 and signalled a further drop in production for this year. Copper, nickel and cobalt are materials used for electric vehicles, a key element of the energy transition....
Steel: Turkey’s exports and imports fall in 2023
According to preliminary foreign trade data compiled by the Turkish Statistical Institute (TurkStat) and the Undersecretariat of Customs, the country's foreign trade deficit stood at $6.04bn in December last year, down 37.8% from the same month in 2022. In 2023, the...