Nyrstar’s shut Dutch smelter invigorates zinc bulls
Nyrstar's decision to close the Budel smelter drove zinc on the LME to $3,819 a tonne on Tuesday, the highest since June 9.
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Shanghai zinc, aluminum prices rally on supply concerns
The jump follows a surge in zinc price the prior day after Nyrstar said it would put its zinc smelting operations at Budel on care and maintenance.
Toyota, CATL shut plants in Sichuan as power crisis worsens
Floods in the northern Shanxi province, the biggest coal producer, are also leading to mine closures that could impact the wider electricity market.
Norsk Hydro shuts aluminum plant as Europe’s power woes deepen
Europe’s energy crisis has claimed another victim in the power-hungry metals industry.
Investment demand to lift India’s silver imports to record high
India's silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices.
China hikes 2022 rare earth quota by 25% on rising demand
China has raised the annual quota for five years in a row.
Iron ore price tumbles as China power shortages hit steel mills
Nearly 20 steel mills in China's southwest regions had suspended operations as of Wednesday.
Sibanye warns on profit, shares tumble
The company said gold production fell by 77% in the first half following a strike at its South African gold operations.
Congo PM to mediate dispute over Tenke copper and cobalt mine
Exports from the mine, which accounted for more than 10% of global cobalt output in 2021, were suspended a month ago.