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A $3 billion deal between BHP and Lundin Mining is the first concrete sign that Argentina’s new president, Javier Milei, can persuade international investors to build copper mines in the country.
The global steel industry is currently grappling between decarbonizing at higher costs while still attempting to maintain cost competitiveness with traditional blast furnace-based production methods, sources told Fastmarkets.
Several Chinese lithium producers are considering production cuts or complete suspension to mitigate losses from high costs amid the ongoing lithium price decline and muted demand, sources told Fastmarkets.
Fastmarkets analysts expect aluminium demand from European carmakers to slow this year, as consumer sentiment remains pessimistic and cautious
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