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Copper: speculators return to buying after a negative May
Copper's electrical conductivity makes it a key component of the green energy transition, whether in the form of solar panels, electric vehicles or wind turbines. Funds are taking their cue from weakness in the global manufacturing sector, especially in China, the...
Constellium agrees to sell 3 of its German plants to Vaessen Aluminium for EUR 48.8 million
On Tuesday, 18 July, Constellium SE, a leading global manufacturer of high value-added aluminium products and solutions, announced the sale of three of its light alloy extrusion plants to Vaessen Aluminium. According to reports, Constellium has already signed a...
Iron ore: Rio Tinto’s production and shipments increased in the first half year
Australia's Rio Tinto has announced production results for the second quarter and first half of this year, where iron ore production from the Pilbara region of Western Australia in the second quarter was 81.3 million tonnes, up 2% quarter-on-quarter and 3%...
Lithium: Zimbabwe’s $1 billion plan stalls
Moti Group said a Chinese company with which it planned to develop a $1 billion lithium processing plant in Zimbabwe has halved its stake in the venture, dealing the project a blow. Moti Group's Pulserate Investments holds a 10,000 hectare (24,710 acre) lithium...