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Base prices on the Shanghai Futures Exchange (SHFE) rose across the board during Asian morning trading on Friday February 23, the second trading day after Lunar New Year holidays.
Check Metal Bulletin’s live futures report here.
The proposed Section 232 investigation remedies by the United States Commerce Department are being felt in the global market, with the common theme being a reorganization of the world’s supply chains to remove the US from the trade flow.
HudBay Minerals reported strong revenue and profits during 2017, notably due to better-than-expected copper output and and solid zinc production, the company said in its February 21 earnings report.
Constellium NV sees room for the company to grow its automotive aluminium sheet capacity in North America despite a recent competitor announcing plans to build a new automotive sheet mill.
Apple has been experimenting with ways to recover cobalt from its lithium-ion batteries and to use recycled cobalt.
The former Chief Executive Officer of Rio Tinto and Vedanta Resources Tom Albanese has joined an advisory board at flourishing miner Nevada Copper, in the expectation of being nominated for membership of the company’s board at an annual general meeting in April.
Another notice on executive changes. US Rusal has appointed Alexandra Bouriko as the new Chief Executive Officer of the company, according to the company announcement on Friday February 23.