Aluminum Market Jolted By ‘Black Swan’ Shock

The global aluminum market is currently experiencing a significant “black swan” event due to disruptions caused by the ongoing conflict in the Middle East, said a top metal analyst. “The scale of the supply shock we’re seeing in the aluminum market is probably the largest single supply shock a base metals market has suffered in the post-2000 era,” Nick Snowdon, Mercuria’s head of metals and mining research, told Reuters …

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Norway to develop Europe’s largest rare earth deposit

The Norwegian government has approved a state plan for the development of the Fens deposit, which contains neodymium and praseodymium. The project will strengthen European security and industry. The Norwegian government has decided to develop a state plan for the Fens deposit, which contains rare minerals. This is stated in a message on the Norwegian government’s website, UNN reports. Details “The government …

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