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Energy Crisis In Cuba: The Moa Nickel Hub Moves Toward Suspension
The Moa Nickel-Cobalt joint venture in Cuba is preparing for a suspension of operations within days, overwhelmed by a new and severe national energy crisis. The announcement came on February 17 from Sherritt International, the Canadian company that manages the plant...
Base Metals Fall On The LME: Between US Tariffs And Thin Liquidity The Market Remains Cautious
Base metals quoted on the London Metal Exchange closed the morning of Tuesday February 17 mostly lower, in a context of reduced trading and growing uncertainty. Weighing on sentiment were reports that the US administration could narrow the scope of tariffs on steel...
Global Scrap Steel Market: Volatility, Caution, and Mixed Signals
The global ferrous scrap market experienced a week of mixed sentiments and divergent signals until Friday, February 13th. While some areas of Asia saw a recovery in prices, supported by greater confidence in the local steel industry, other key markets—particularly...
Copper Surpasses Iron: BHP Redefines The Balance Of The Global Mining Giant
The Australian mining giant BHP Group closed the first half of the fiscal year with a result above expectations, driven by the extraordinary performance of copper. For the first time in the group’s recent history, copper surpassed iron ore as the main contributor to...