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Aluminium: GCC producers seek to increase exports following US ban on Russian metals
Gulf Cooperation Council (GCC) aluminium producers are expected to increase exports to US and European markets after the US and UK banned trading of Russian aluminium, copper and nickel on global metal exchanges and banned their import into the US. The GCC region is a...
Nickel: market expectations for 2024
In 2024, the world economy will continue to grow as it did in 2023, and global inflation is expected to gradually decline. The World Stainless Steel Association (formerly the International Stainless Steel Forum / ISSF) has released data for the full year 2023, showing...
Copper: Codelco has been hit by a fatal accident
Codelco, the Chilean state-owned company struggling to maintain its title as the world’s largest supplier of copper, is set to experience a drop in production as operations slowly resume after a fatal accident at one of its mines. “There will probably be a...
Alcoa makes $2.2 billion bid for Australian partner Alumina Ltd
US aluminium producer Alcoa Corp. has made a $2.2 billion bid to acquire Australian joint venture Alumina Ltd. in order to consolidate ownership of key upstream assets ahead of an increase in long-term demand for the metal. The offer represents a premium of about 13...
