September 25, 2023

Crude oil prices have once again surged past the $100 mark, driving the commodity market higher. Overnight, London aluminum showed strength, closing with a gain of 1.31% at $2,251 per ton, up $29, with trading volume decreasing by 2,166 lots to 16,833 lots and open interest decreasing by 833 lots to 630,899 lots. Shanghai aluminum […]

On September 23rd, foreign media reported that South Korean company LG Chem Limited (LG Chem) has announced a partnership with Youshan, a subsidiary of China’s Huayou Group, to establish a joint electric vehicle (EV) battery materials factory in Morocco, as part of their efforts to diversify their investment portfolio. As more Chinese electric vehicle and