The plant will be in the town of Guben, a roughly 90-minute drive from where Tesla is building its gigafactory.

Aluminum rose as much as 2.8% to $3,049 on the London Metal Exchange Monday, the highest since July 2008.

Codelco offered to supply copper to European customers at a $128 premium over futures next year.

Nornickel currently expects a deficit of 0.2 million-0.3 million ounces in 2021 and 0.3 million ounces in 2022.

LME Week resumes amid continued covid risk.

Zurich-based Credit Suisse had previously disclosed some $2.3 billion worth of loans exposed to financial and litigation uncertainties within Greensill-linked supply chain finance funds, with some $1.2 billion of its assets related to GFG.

The company on track to achieve its full-year guidance of 271,000-317,000 oz.

The digital venues have attracted traders as London Metal Exchange volumes fell after the coronavirus pandemic temporarily closed its floor for open outcry.