China and South Africa continue to drive the global chrome supply, meeting rising demand through strategic partnerships and addressing challenges in the industry
China
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Chinese lithium mining giant Ganfeng sues the Mexican government over the cancellation of a major lithium project. The lawsuit challenges Mexico’s nationalization of lithium and raises concerns about the future of foreign investment in the country’s mining sector.
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Iron ore prices are sending mixed signals. Despite a rise in China’s steel production, a key indicator of demand, prices continue to slide. Analysts cite concerns about China’s struggling property sector and rising stockpiles of iron ore as reasons for the price decline. The coming months are likely to see a tug-of-war between positive factors like rising steel production and negative factors like weak demand and high stockpiles.
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Iron ore prices have experienced a significant plunge, reaching a seven-week low as anxieties over softening steel demand in China collide with expectations of increased supply. This decline raises concerns about the future trajectory of the iron ore market. Analysts point to a confluence of factors driving the price slump, including a slowdown in China’s construction sector and expectations of a surge in iron ore shipments.
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Copper prices are on a rollercoaster ride after reaching an all-time high. While some believe a shortage is coming, concerns about weak demand, especially in China, are causing uncertainty. The long-term outlook for copper seems positive due to the green energy transition, but short-term fluctuations are likely.
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Western sanctions targeting new supplies of Russian metals have sent shockwaves through global markets, sparking volatility and reigniting debate over the role…
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A recent report underscores the critical importance of the United States bolstering its relationships with African nations to ensure the secure access…
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Australian mining magnate Andrew Forrest, chairman of Fortescue Metals Group, is urging China to implement stricter environmental regulations throughout its global supply…
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The Chinese iron ore market is currently caught in a tug-of-war between short-term weakness and longer-term optimism. This week’s price movements reflect…
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The global technology industry is facing a major hurdle: a significant rise in gallium prices triggered by China’s recent export restrictions on…