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Aluminum: Joe Biden’s administration presses to reimpose sanctions on Rusal
The administration of Joe Biden, the president of the United States of America, is being urged by the leadership of the House of Representatives Financial Services Committee to re-impose economic sanctions on Russian oligarch Oleg Deripaska's United Company Rusal, the...
Commodities: President Putin signs decree banning import and export in or from Russia
Russian President Vladimir Putin has signed a decree 'On the application of special economic measures in the field of foreign economic activity in order to ensure the security of the Russian Federation'. The decree provides for a ban on the import or export to or from...
Copper: Kamoa-Kakula production exceeds guidance
The Kamoa-Kakula joint venture mining complex, 39.6% owned by TSX-listed Ivanhoe Mines, in the Democratic Republic of Congo, produced 105,884 tonnes of copper concentrate in 2021, also exceeding the upwardly revised guidance range of 92,500 tonnes to 100,000 tonnes....
Nickel: Lme expects to resume trading no earlier than March 11, 2022
After the suspension of nickel trading on March 8, 2022 at 9:15 a.m. (Italian time), due to the excessive volatility of the market (up in 2 days by 270% - maximum at 101,365 $/ton), the London Metal Exchange expects to resume trading in nickel not before March 11,...