Loading
Dynamics of Russian Aluminium in LME Warehouses: An In-Depth Analysis
According to data released by the London Metal Exchange (LME) on 10 July 2024, the share of available Russian-origin aluminium stocks in LME-approved warehouses rose to 49.81% in June, up from 42% in May. This increase comes after a sharp decline in April and...
The Copper Revolution: Nornickel and China Copper Plan Joint Venture in China
In a bold and unprecedented move, Nornickel, the Russian mining giant, is negotiating with China Copper to form a joint venture that would allow Nornickel to relocate its entire copper smelting base to China. This move, if confirmed, would mark the first relocation of...
Steel and Aluminium: US and Mexico Strengthen the Fight Against Tariff Circumvention
The United States and Mexico on Wednesday announced new steps to counter the circumvention of US duties on steel and aluminium by China and other countries shipping products through Mexico. The implementation of a North American "melt and pour" standard for steel...
Indonesia Revises Bauxite Export Ban: Political Pressures and Economic Implications
The Indonesian government is planning a review of the bauxite export ban policy, in response to a request from lawmakers to reopen shipments of the raw material used for aluminium production. The news, reported by several local media outlets, quotes the Ministry of...