China monthly export of magnesium ingots in March 2024

The International Monetary Fund (IMF) said it expected UK GDP growth to slow to 0.4% in 2023.

SHANGHAI, May 23 (SMM) - The prices of lithium ore climbed further along with rising lithium carbonate prices last week.

SHANGHAI, May 23 (SMM) - Refined cobalt prices edged higher last week, driven by rising raw material prices.

SHANGHAI, May 23 (SMM) – LME and SHFE base metals closed mostly with losses overnight on macro headwinds from the US.

The China Association of Automobile Manufacturers pointed out that the current downward pressure on the Chinese economy continues to increase.

Future Horizons analyst Malcolm Penn's outlook for the global chip market in 2023 has eased slightly.

SHANGHAI, May 10 (SMM) - China’s lithium carbonate output stood at 27,333 mt in April, down 9% MoM, but up 2% YoY.

LME copper prices closed at $8,604/mt last evening, up 0.41%. Trading volume was 13,000 lots and open interest stood at 250,000 lots. The most active SHFE 2306 copper contract prices finished at 67,200 yuan/mt last evening, down 0.3%. Trading volume was 21,000 lots, and open interest stood at 180,000 lots.

Argentina aims to become one of the top 10 copper producer in the world by 2030, and its investor-friendly stance has attracted global players such as Glencore and Lundin Mining to its north mountains.

SHFE nickel prices moved rangebound yesterday.