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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...
Copper and zinc: the government of Peru plans to normalize shipments
The government of Peru, the second largest producer of copper and zinc, expects shipments of these raw materials to begin to normalize within days, thanks to the easing of the worst street protests in decades. "The problem of protests has been minimized right now,"...
Taiwan will introduce carbon tax in 2024
Aiming to reduce its carbon emissions to zero by 2050, Taiwan will establish a carbon tax system in 2024. The draft of the system is expected to be announced by the end of the year after negotiations with companies. Initially, carbon taxes will be imposed on 287...