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Copper: falling prices despite limited supply
Copper prices fell on Thursday despite tight supply. Global trading stocks, which include those in the LME, CME and Shanghai Futures Exchange warehouses, fell over the past two months. They stood at 232,550 cumulative tonnes at the end of October, down 30,000 tonnes...
Nickel: Sherritt plans to expand Cuban mine
Sherritt International is making plans to expand production and extend the life of the Moa nickel-cobalt mine in Cuba. Moa is a joint venture of Sherritt (50%) and General Nickel Co. of Cuba (50%). The plan is for a phased approach, and work will include a new...
Aluminium: prices down 20% in a two-week period
The aluminium price has been weakened by falling coal prices in China, following efforts by regulators to curb excessive speculation and profiteering from what remains a tight domestic thermal coal market. If coal prices continue to fall, aluminium prices should, at...
Tin: demand will remain strong
In October, tin prices reached an all-time high of $38,215/tonne in a build-up that began in March 2020 at the start of the pandemic. Since 2020, prices have been rising sharply due to severe supply shortages from covid-19 blocks, especially in Malaysia and Indonesia,...