Base metal prices rise, reports say the Trump administration will set reference prices for germanium, gallium, antimony, and tungsten for the first time

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On the 24th, basic metal prices surged, with London tin up over 4%, London nickel up nearly 4%, and London copper up over 2%.

Reports indicate that the Trump administration will use an AI model created by the U.S. Department of Defense to set reference prices for key minerals in the global trade group. This will be the first time the U.S. government establishes reference prices for germanium, gallium, antimony, and tungsten.

More updates to come…

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