French miners lament that the profitability of nickel mining business cannot be achieved without china technology and equipment.
① The multinational mining giant Ehmann stated that western companies cannot make a profit in the nickel mining business in Indonesia without relying on china's technology, equipment, and management experience; ② Ehmann and BASF have canceled the 2.6 billion dollar nickel-cobalt refining plant project in Indonesia due to it being 'economically unfeasible'; ③ Ehmann is collaborating with China’s Qingshan Holding to operate the nickel mine in Weda Bay, with the CEO stating that china's technology, expertise, and equipment are key to competitiveness.
3.2 tons of gold were taken away by the drug trafficking group! Zijin Mining Group has exposed the dark side of offshore activities.
"3.2 tons of gold, worth 0.2 billion US dollars, were taken by a drug trafficking group," the news of the "gold robbery case" involving the $400 billion mining giant Zijin Mining Group quickly spread on the Chinese internet, people haven't heard this kind of news for a long time.
Aluminum oxide retraces from highs, could this news have an impact?
Recently, aluminum oxide futures prices have retraced from their highs, with the 2501 aluminum oxide contract having a maximum retracement of over 5% from the recent high of 5477. As of November 18 at 10:15 AM, the increase is 0.52%, with a quote of 5235 yuan/ton.
Cancellation of aluminum and copper material export tax rebates; domestic and international prices show differentiation; leading enterprises accelerate overseas layout.
① Following the announcement of the cancellation of export tax rebates for aluminum and copper materials, aluminum prices showed a trend of "strong externally, weak internally"; ② In the long term, this will drive the industry to focus on high value-added product areas and the overseas expansion of enterprises.
Why is aluminum oxide experiencing a high-level pullback? How do you see the future market?
Today, the aluminum futures prices experienced a high-level pullback, with market analysis suggesting that there may be changes in the driving factors behind the rise. For more details, please read the following content.
Aluminum oxide hits a new high! Can the upward trend continue? How much room is there above?
Aluminum oxide has repeatedly hit new highs, how much more room is there on the upside? Market analysis suggests that supply and demand imbalance may be a key factor...