Scrap

Copper and nickel prices are expected to double by 2035 due to heightened demand from clean energy and technology sectors, alongside supply challenges exacerbated by trade restrictions and production difficulties. >>

The US has asked Brazil to review the sale of Anglo American's nickel mines to a Chinese firm as part of a proposal for tariff relief, aiming to regulate critical mineral markets and enhance US oversight on such transactions. >>

Indian recyclers, led by Amar Singh, are urging their government to challenge the EU's proposed waste ban, arguing it's a trade barrier that could impact India's access to vital metal scrap for recycling. >>

Indonesia has become the leading global producer of refined nickel, with production soaring from 22,000 tonnes in 2014 to over 1.4 million tonnes in 2023, now holding 41% of the global share. This growth, fueled by government policies and significant Chinese investment, has shifted the focus from exporting raw materials to boosting domestic processing capabilities. >>

US-Mexico trade talks on the USMCA have been delayed indefinitely as President Trump focuses on Chinese President Xi Jinping's visit and the G20 meeting, complicating key trade and security discussions. >>

Lohum is expanding nickel production in Gujarat and exploring lithium mining in Zimbabwe to reduce reliance on Chinese imports and meet the demand in renewable energy and EV markets. >>