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Aluminum: China intensifies overseas hunt for ore
China's aluminum industry, the world's largest, is becoming increasingly dependent on foreign supplies of the ore needed to produce the metal, another sign of the nation's chronic dependence on raw material imports. The aluminum used in everything from airplanes to...
Copper: talks stalled to unlock corridor used by Las Bambas of MMG in Peru
Peruvian government officials failed to broker a deal Tuesday to unblock a key distribution corridor used by MMG Ltd's Las Bambas copper mine. The dirt road from the Chinese-owned mine to a seaport has been blocked for 18 days by residents of Chumbivilcas province....
Steel: UAE producers create Steel Producers Committee
The "UAE Steel Producers Committee" was established at a time when the industry is facing enormous challenges posed by supply disruptions caused by the pandemic that broke out last year. Steel prices have risen more than 40 percent in the past 12 months. he committee,...
Zinc: prices will stay strong on likely smelter closures
Zinc prices are expected to remain firm in the coming months due to rising energy costs that could cause further smelter shutdowns, keeping supply and inventories tight. Benchmark prices on the London Metal Exchange have lost about a fifth since hitting a 14-year high...