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Rare earths: Malaysia bans exports to stimulate domestic industry
Malaysia will develop a policy to ban the export of rare earth raw materials to prevent exploitation and loss of resources, becoming the latest country to restrict shipments of key minerals. Malaysia hosts only a fraction of the world's rare earth reserves, with an...
US and Saudi Arabia in talks to secure metals in Africa
The US and Saudi Arabia are in talks to secure metals in Africa needed to help with their energy transitions. A Saudi state-backed company would buy $15 billion worth of mining interests in African countries such as the Democratic Republic of Congo, Guinea, and...
Copper: prices rebound as signs of stabilisation in China lift demand prospects
LME copper prices rebounded on Monday after a weekly loss, buoyed by prospects for better demand from major consumer China on signs of stabilisation in the world's second-largest economy. Three-month copper on the London Metal Exchange was up 1.74 per cent at...
Zinc: new optimism following increased imports into China
China has rediscovered its appetite for refined zinc imports after a prolonged absence from the international market. In July, the country imported 76,800 tonnes of the metal, the highest monthly quantity since April 2019. China has increased domestic production of...