Platinum Deficit Forecast to Widen Global platinum production is expected to decline by 5% in 2025 to 5.5 million ounces, according to the World Platinum Investment Council (WPIC). South Africa, the world’s largest producer, is projected to see a 6% drop in output to 3.9 million ounces. North American production is set to decrease by...
READ MOREU.S. Investigates Copper Import Dependence Amid National Security Concerns The U.S. Department of Commerce is set to assess the national security implications of copper imports, following a directive from President Donald Trump. The investigation aims to determine whether protective measures are necessary for the American copper industry. Currently, the U.S. produces 850,000 tonnes of refined...
READ MORENovelis Tests Hydrogen for Scrap Aluminium Remelting US metals producer Novelis has conducted a series of tests utilizing hydrogen in a scrap aluminium remelting furnace at its Latchford facility in the UK. The trials demonstrated a 90% reduction in carbon dioxide emissions compared to natural gas use. The process required modifications, including the installation of...
READ MOREAluminium Prices Poised for Decline Amid Rising Production and Stockpiles Global aluminium prices are displaying volatility and may soon face downward pressure as China ramps up production following the extended Chinese New Year celebrations. The resumption of business activity is expected to boost aluminium output, adding to an already well-supplied market. Additional pressure on aluminium...
READ MOREUS Imposes 25% Tariff on Aluminium Imports The United States is set to impose a 25% tariff on aluminium imports, affecting shipments from all countries. However, the exact implementation date and additional details have yet to be disclosed by US authorities. During his first term, former President Donald Trump had already introduced a 10% tariff...
READ MOREUS Eyes Ukrainian Rare Earths in Exchange for Continued Support US President Donald Trump has expressed interest in securing access to Ukraine’s rare earth metals in return for ongoing American assistance. This proposal aligns with a broader strategy unveiled by Ukrainian President Volodymyr Zelensky, who presented a plan for joint development of Ukraine’s rare earth...
READ MOREFirst Primary Aluminium Smelter in the US in Nearly 50 Years Century Aluminum has begun construction of a new primary aluminium smelter, marking the first such facility built in the US in 45 years. While the exact location has yet to be determined, the company is considering sites near the Ohio or Mississippi rivers. The...
READ MOREThe Global Zinc Market Enters an Era of Surplus The global zinc market is poised for a surplus of 270,000 tonnes in 2025, following a deficit of 184,000 tonnes in 2024. This surplus is expected to exert downward pressure on zinc prices, which BMI forecasts will decline by 5.8% in 2025 to an average of...
READ MOREThe Global Nickel Market May Face Deficiency in 2025 Various nickel producers anticipate a challenging 2025 due to an oversupply of the metal, largely driven by increased production from Indonesia. However, reports suggest that the Indonesian government may reduce nickel ore mining quotas to 150 million tonnes, down from 272 million tonnes in 2024. If...
READ MOREChina Increases Pressure on US Industry with Export Bans The Chinese government’s recent ban on exports of germanium and gallium to the US has escalated tensions between the two countries. This embargo could significantly impact US industries reliant on these metals, with anticipated price increases for a wide range of electronic and optical equipment, including...
READ MORE
