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Nickel: Sherritt plans to expand Cuban mine
Sherritt International is making plans to expand production and extend the life of the Moa nickel-cobalt mine in Cuba. Moa is a joint venture of Sherritt (50%) and General Nickel Co. of Cuba (50%). The plan is for a phased approach, and work will include a new...
Aluminium: prices down 20% in a two-week period
The aluminium price has been weakened by falling coal prices in China, following efforts by regulators to curb excessive speculation and profiteering from what remains a tight domestic thermal coal market. If coal prices continue to fall, aluminium prices should, at...
Tin: demand will remain strong
In October, tin prices reached an all-time high of $38,215/tonne in a build-up that began in March 2020 at the start of the pandemic. Since 2020, prices have been rising sharply due to severe supply shortages from covid-19 blocks, especially in Malaysia and Indonesia,...
Iron ore: Price back below $100/mt
China's iron ore price fell below $93.75/mt for the first time in nearly a year, due to supply conditions and poor demand prospects. The iron ore price in Singapore slumped for a fifth day as the world's top steelmaker stepped up efforts to curb annual volumes. Iron...