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New Minerals Discovered in Inner Mongolia: A Breakthrough in the Rare Earth Sector
Recently, Chinese geologists discovered two new minerals, oboniobite and scandio-fluoro-eckermannite, in the Bayan Obo mine, located in Inner Mongolia. Bayan Obo is the largest rare earth mine in the world and this discovery represents a significant step forward in...
Increasing exports and decreasing imports of alumina in China: A detailed analysis
According to Chinese customs data, China's alumina exports increased significantly in June 2024, up 54.78% from the previous month to 157,100 tonnes from 101,500 tonnes in May. This increase brought the country's cumulative exports in the January-June period to...
Copper Market: Rising Forecasts but Falling Current Prices
Despite upward future forecasts for copper demand, current prices show a downward trend. It is well known that although global copper reserves are sufficient to meet demand, extraction continues to fall short of consumption. As a result, many copper market...
The European Steel Sector: Recent Trends and Future Prospects
The steel industry in Europe is going through a complex period of transition, characterised by variable dynamics in terms of both production and trade. Recent analyses by the European Steel Association (EUROFER) provide a detailed picture of the current conditions and...