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Base metals: down in the first half of 2023
In the first half of 2023, non-ferrous metals were almost all bearish. In June, China's manufacturing sector contracted for the third consecutive month. The official Purchasing Managers' Index (PMI) stood at 49.0, a slight improvement from May, but still below the...
Germanium: Congo will benefit from China’s export restriction
China's limits on exports of germanium products will boost prices of the semiconductor material, Congolese state mining company Gecamines said on Wednesday, creating more value for the Democratic Republic of Congo, which is preparing a new unit to produce it. On...
Zinc and lead: world production and consumption
According to preliminary data recently compiled by the ILZSG, the global refined zinc metal market recorded a surplus of 138kt in the first four months of 2023, with total stocks reported to have increased by 58kt. Global zinc mining production increased by a marginal...
Metals: limits imposed by Xi risk backfiring as the G-7 seeks an alternative to China
China's decision to control the export of two key metals has shown that it has some power to retaliate against moves by the US, Japan and Europe to cut Beijing off from advanced technology. But it also risks backfiring. The new export licensing system unveiled on...