Tag: Al Taweelah
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LME base metals prices mixed; Codelco cuts copper production growth target
Oil prices decline as OPEC, IEA cut 2026 demand forecasts Rio Tinto’s Tomago aluminium smelter secures $2.5 billion bailout package LME base metals traded mixed on 12 August. Aluminium recorded the sharpest decline, falling 1.58% d-o-d to $3,311/t, while zinc gained 0.75% to $3,757/t and nickel rose 0.70% to $16,948/t. Meanwhile, copper slipped 0.18% to…