Loading
The trade in imported scrap has not yet recovered from the divergence between supply and demand
The global ferrous scrap rally slowed towards the end of last week after prices fell in Turkey. Vietnam and other Southeast Asian countries are struggling to keep up with high offers from global suppliers. In addition, the discrepancy between bids and offers has kept...
Copper and gold: Barrick restarts Reko Diq project
Barrick Gold has ended a long-standing dispute with Pakistan and will now begin developing one of the world's largest gold and copper mining projects. The Reko Diq project in southwest Pakistan, which hosts one of the world's largest undeveloped copper and gold...
Copper: Southern Copper close to restarting Cuajone mine in Peru
Southern Copper Corp reported on Saturday that it was close to finalising an agreement with a group of communities to revoke a protest that had led its Cuajone mine to suspend operations, pending ratification of the agreement by local community assemblies. The Cuajone...
Aluminium: Australia bans alumina exports to Russia
Australia has imposed an immediate ban on exports of alumina and aluminium ores, including bauxite, to Russia. Russia relies on Australia for almost 20% of its alumina needs. The move will limit Russia's ability to produce aluminium, which is a critical export for...