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Copper and cobalt: ERG invests USD 800 million to revitalise Congo mine
The Democratic Republic of Congo (DRC), with the largest cobalt reserves in the world and the seventh largest copper deposit, is the mining world's benchmark. The Democratic Republic of Congo (DRC) plays a pivotal role in the world's transition to renewable energy and...
HRC steel: sluggish demand dampens European market trading
Prices in the European hot rolled coil (HRC) market remained broadly stable on Monday, 23 October, with market activity still depressed by continued weak demand and a pessimistic outlook. HRC Hot Rolled Coils - Northern Europe stood at EUR607/mt on 23 October,...
Nornickel: Q3 nickel production increased while palladium production decreased
Russia's Nornickel, the world's largest palladium producer and a major producer of high-grade nickel, said on Monday that its nickel production in Q3 was 21% higher than the previous quarter, at 53,945 tonnes. Unlike many Russian companies, Nornickel has not been...
Precious metals: Amplats platinum group metals (PGM) production down 9% in Q3
South Africa's Anglo American Platinum said on Tuesday that its refined platinum group metals (PGM) output fell 9% in the third quarter, due to disruptions in water supplies to its processing facilities and lower concentrate production. Amplats, the world's largest...