“The war will likely dampen consumption of many base metals as supply chains are interrupted. Russia is a big player and it‘s not like others can quickly fill the gap,” CIBC mining analyst.

All deliveries against nickel contracts will be deferred an extra week, while the nickel price will have a 5% daily fluctuation limit.

Lopez Obrador's proposed legislation will no longer award concessions to mine lithium "and other strategic minerals" needed for the country's energy transition.

Exports of unprocessed nickel ore from Indonesia, the world’s top nickel miner, ceased in January 2020, due to a government-imposed ban.

Long-term production growth outstripping low demand growth will pressure zinc prices to lower.

The United States plans to combat unfair trade practices that have contributed to a "hollowing out" of supply chains.