Nickel price hits highest in a month with inventories close to record lows
Refined nickel inventories in ShFE warehouses were last at 4,859 tonnes, close to a record low of 4,455 tonnes in August 2021.
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French-owned mine in Brazil ordered to stop operating after dike overflow
The overflow of the dike cut off traffic on Saturday on the BR-040, a major highway linking Rio de Janeiro and Belo Horizonte.
Peru sees 60% increase in mining tax revenues
Peru’s Ministry of Energy and Mines said regional and local governments saw a 60% increase in mining tax revenues in 2021.
Israel began buying aluminum from Bahrain, envoy tells Al-Ayam newspaper
There are no details on the quantities or the value of Israel's aluminium imports from Bahrain.
Indonesia holds talks with industry on coal distribution problems, export ban
The world's biggest thermal coal exporter suspended coal exports on Jan. 1 after Indonesia's state power utility reported dangerously low inventory levels of the fuel.
Gold catalyst helps transform methane into methanol, acetic acid
Researchers produced methanol and acetic acid by reacting methane with oxygen in the presence of a catalyst made from gold and the zeolite ZSM-5.
Chinese LFP battery industry increases lithium carbonate demand, drives prices up – report
According to Fastmarkets, offers for lithium carbonate continue to rise in China, mainly due to the increased demand from the ramp-up of lithium-iron-phosphate battery production.
Energy transition is upside risk to ECB forecasts, Schnabel says
The European Central Bank’s inflation forecasts may need to be revised upward because of the continent’s attempts to cut carbon emissions.
Rains overflow dike at French-owned mine in Brazil, highway cut
Heavy rainfall caused a dike to overflow on Saturday at a Brazil iron ore mine owned by French steel pipe maker Vallourec.