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Nickel: LME highlights a limited market
The London Metal Exchange reported Wednesday that it was monitoring nickel prices, which have risen due to tight supplies, strong demand from electric vehicle battery manufacturers and large drawdowns on inventories. The backwardation (cash price>3-month price)...
Aluminum: NALCO’s aluminum ingot prices increase for third consecutive time
The National Aluminium Company Limited (NALCO) has increased the prices of aluminum ingots and products for the third time in a row, effective today, January 9. The company increased the price of aluminum ingots by $63/mt in a price range between $3019/mt and...
Copper: the prospects of mining projects
The outlook for large copper projects continues to improve after a period (2017-2020) in which there was no new activation of large mines. Low growth of around 1% per year was seen in the 2017-2020 period as no large projects were commissioned with the exception of...
Copper: high prices drive increase in Peru’s exports
Copper exports from Peru, the world's second-largest producer, rose 47.5% year-on-year in November, driven by higher prices, even as production of the red metal fell 5.6% to 195,115 tonnes in the month. Exports of the metal totaled $2.10 billion in November compared...