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Cobalt and lithium: settling prices
With demand for electric vehicle batteries steadily increasing, battery manufacturers are hunting for more and more resources. In the United States, cobalt mining is increasing for the first time in decades. In Idaho, for example, a new mine has begun production to...
Steel: new EU sanctions on imports of Russian semi-finished products
The European Council adopted the eighth sanctions package against Russia over its invasion of Ukraine, extending the ban on imports of Russian steel products to include semi-finished steel. Among other restrictions announced, the EC said it has banned the export of...
Palm oil: closes at nearly two-week highs on weather concerns
Malaysian palm oil futures rose Thursday for the sixth time and closed at their highest in nearly two weeks, buoyed by wet weather concerns and a rally in crude oil prices. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives...
Tin: Alphamin withstands falling prices
Alphamin achieved a strong profit margin in the third quarter of 2022 despite falling tin prices and slightly lower production. In the third quarter of 2022, Alphamin produced about 3,139 tons of tin concentrate from its Mpama North mine. The company processed the...