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Copper: Panama and First Quantum agree details for Cobre Panama mine contract
The government of Panama and First Quantum Minerals of Canada have agreed on the final text for a contract to operate the Cobre Panama copper mine. The new contract guarantees the Central American government a minimum annual income of 375 million dollars and will be...
Aluminum: prices test the lows of February 24th
Aluminum prices fell both under pressure from a stronger dollar and as production cuts were completed in China's major producing provinces. Benchmark aluminum on the London Metal Exchange (LME) is down 0.36% to $2,239/ton (15:32 GMT+1). In terms of graphics, prices...
Cobalt: the surge in supplies will flood the market
The surge in the supply of cobalt for batteries from the Democratic Republic of the Congo will flood the market by creating a surplus and putting prices under more pressure this year and next, even as demand is expected to increase. Global supplies of refined cobalt...
Iron ore and carbon coke: Chinese imports increase
In January-February this year, China's iron ore imports amounted to 194.2 million tons, up 7.3 percent year on year, according to data released by China's Customs Administration. After the Chinese New Year holidays, finished product prices increased in the country as...