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Explainer-Why the London Metal Exchange is fighting a lawsuit for cancelling nickel trades - Vimarsana News

Explainer-Why the London Metal Exchange is fighting a lawsuit for cancelling nickel trades

By Pratima Desai and Eric Onstad LONDON (Reuters) - U.S. hedge fund Elliott Associates is suing the London Metal Exchange (LME) for $456 million for c...

Source: wsau.com
Copper breaks three days of losses on China hopes, weak dollar - Vimarsana News

Copper breaks three days of losses on China hopes, weak dollar

LONDON — Copper prices rebounded on Friday, breaking three days of losses on a weaker dollar and hopes for a recovery in top metals consumer China from tough…

Copper at risk of further downside on Chinese woes | Hellenic Shipping News Worldwide - Vimarsana News

Copper at risk of further downside on Chinese woes | Hellenic Shipping News Worldwide

Copper prices are likely to move lower before stabilising due to worries about a slowdown in top metals consumer China and other major economies. But analysts say the long-term outlook is still strong due to lack of investment in new mines and demand generated by the green energy transition. Many analysts have trimmed their price ...

Exclusive-Europe aims to revive magnesium output by 2025 to cut China reliance - Vimarsana News

Exclusive-Europe aims to revive magnesium output by 2025 to cut China reliance

By Eric Onstad LONDON (Reuters) - EU policymakers have launched a drive to restart domestic output of magnesium, used in aluminium and steel products,...

Source: wkzo.com
Factbox-Europe seeks to restart magnesium output after two decades - Vimarsana News

Factbox-Europe seeks to restart magnesium output after two decades

(Reuters) - The European Union has targeted magnesium as a priority critical mineral to cut dependence on China and three firms are gearing up to produce it