British researchers come up with intelligent design process for furnaces

The world’s second largest zinc producer said it would cut production by up to 50% at its three European smelters from Wednesday.

Company said it will cut production by up to 50% at its three European smelters due to the soaring price of electricity.

The register known as LMEpassport is aimed at users of the exchange wanting to support the energy transition.

Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe.

The cost of coal has surged above $200 a tonne, surpassing the 2008 peak during the last commodity boom, and natural gas in Europe and Asia is at an all time high.

The plant will be in the town of Guben, a roughly 90-minute drive from where Tesla is building its gigafactory.

Aluminum rose as much as 2.8% to $3,049 on the London Metal Exchange Monday, the highest since July 2008.

Codelco offered to supply copper to European customers at a $128 premium over futures next year.

Nornickel currently expects a deficit of 0.2 million-0.3 million ounces in 2021 and 0.3 million ounces in 2022.