Russian metals firms constrained by rail

The boom in demand from China’s industrialization is now “past the period of aggressive growth,” BHP’s Australia President said.

Analysts also raised its 2024 aluminum price forecast from $2,400/tonne to $2,450/tonne to reflect these expectations.

The bill modifies the Energy Act of 2020 to expand the definition of critical minerals to include critical materials designated by the Department of Energy (DOE).

The ruling removes the last major obstacle for the $250 million project, located 150 km northeast of Guayaquil.