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BASE METALS
A red flag on Russian aluminium
A six-month slide in the price of aluminium came to an abrupt halt yesterday in the latest sign that the lightweight metal has become a heavyweight problem for the London Metal Exchange and the broader mining industry.
Two events, drought in China and a possible LME ban on Russian aluminium, could lie behind the 6.7% rise in the price of the metal, with the potential for more to come. Nickel, zinc and copper also...
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