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Copper: Panama government raises royalties to $375 million
The Panama Chamber of Commerce, Industry and Agriculture (CCIAP) issued a statement, reporting that its members hope that the recent royalty agreement between the government and Minera Panama will be carried out in a transparent manner and that the extra funds the...
Aluminium: the Russia-Ukraine conflict may affect the global market
Alcoa Corp, the largest U.S. aluminum producer, has warned investors that any clash between Russia and Ukraine could affect the global aluminum market. Any form of aggression, according to CEO Roy Harvey, could affect supplies from Russia, the world's second-largest...
Nickel: supply puts pressure on buyers
The biggest nickel supply squeeze in more than a decade is attracting the attention of the London Metal Exchange, as collapsing inventories mean buyers are being forced to pay huge premiums for the readily available metal. The turmoil in nickel is the latest example...
Stainless steel: price rises following record nickel quotes
Iron ore pushed up prices Thursday on expectations of further monetary easing measures in China's top steel producer, while stainless steel futures jumped to a three-month high, buoyed by record prices for nickel, a key ingredient. The May contract of the most-traded...