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Caustic soda: tightening up on Asian supplies
The current tight supply conditions for liquid caustic soda in Asia may continue in the near term, as the recent reduction in production in China has had knock-on effects on the broader regional market. The reduction in chlor-alkali production in China has prompted...
Copper: Codelco increases premium in Europe by 31%
Codelco said it can supply copper to European customers at a premium of $128, signalling that the world's largest copper miner expects strong demand to continue even as headwinds persist. Codelco raised its annual premium by $30 a tonne. The offer is $5 higher than...
Zinc: prices above 2019 highs
While mining production has rebounded strongly from last year's volumes, delays at key projects such as Glencore's Zhairem mine in Kazakhstan and Lundin's Neves Corvo expansion in Portugal have kept production below pre-pandemic levels. But these, and other capacity...
Plastic waste: ExxonMobil updates its recycling plan
ExxonMobil has updated its plan to chemically recycle difficult-to-recover plastic waste by announcing the construction of a facility in Baytown, Texas, which is expected to be operational by the end of 2022 with an initial capacity of 30,000 tonnes per year. This...