News Snapshot:
[Aluminum price climbs with output facing pressure in Europe, China] The merger of three rare earth element producers in China — China Minmetals Rare Earth, Chinalco Rare Earth & Metals and China Southern Rare Earth Group — could affect global prices at a time when demand for REEs is rising due to their use in electric vehicles and other ‘green energy’ technology, some analysts say. “The merged company will increase the control over prices in the international market place and could lead to even higher prices in the coming year,” independent economist Patricia Mohr told The Northern Miner. “The merger...
