Speira, which was part of Norsk Hydro’s aluminum business before being sold to KPS Capital, can produce about 160,000 tonnes of aluminum at its plant in Neuss.
Copper is China's only growing commodity import in 2022 as the country’s inventories drop 60% in a year and worldwide stocks decline to just 3.5 days consumption.
Analyst expects the constellation of base metals companies under coverage’s second quarter results to fall below expectations when they start reporting results from month's-end.