NON-FERROUS WEEK IN BRIEF: Rio Tinto sells 40% stake in the Grasberg mine; Al market under pressure from Rusal sanctions relief; Antimony smugglers arrested in latest crackdown; Blockchain is coming

Fastmarkets rounds up some of the key news and price moves across the global metal markets this week.

Base metals  Rio Tinto has concluded the sale of its entire 40% stake in the Grasberg mine in Indonesia for $3.5 billion, as part of a series of transactions involving state-owned PT Indonesia Asahan Aluminium (PT Inalum) and Freeport-McMoRan Inc. Aluminium market participants in the United States and Europe expect further downward pressure on premiums...


Cristina Belda

December 21, 2018

17:29 GMT