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Nickel: US and Philippines aim for agreement to reduce Chinese dominance
The United States and the Philippines are discussing how to prevent China from dominating nickel processing in the South-East Asian country, a key supplier of this key metal for electric vehicle batteries. One of the measures under consideration is a trilateral...
Aluminium: LME asks manufacturers to disclose carbon emissions by 2025
On 1 May 2024, the London Metals Exchange (LME) launched a consultation process requiring manufacturers of aluminium brands, eligible for delivery under its contracts, to provide carbon emissions data by March 2025. The aim is to synchronise the aluminium market with...
Aluminum: Chinese trade increases, consolidating its status as a supply channel
The latest data on China's aluminum imports and exports indicate that the country is becoming a supply channel for the metal. Chinese imports of the metal in Q1 increased by more than 200% compared to Q1 2023. With the arbitrage window open, bringing metal into China...
Copper: price extends rally thanks to China’s factory activity boosting optimism
Copper headed for its biggest monthly rally in more than two years, extending gains above $10,000 a ton, with new data on Chinese factories bolstering hopes that economic recovery in the world's most metal-consuming nation can be sustained. The metal surged 15 percent...
