Nickel, tin, aluminium post gains as other base metals depreciate

18.08.2022

Aluminium prices advanced on Wednesday after news that a European smelter will close due to high power prices, boosting worries about potential shortages.

Benchmark aluminium CMAL3 on the London Metal Exchange gained 0.9% to $2,413 a tonne by 1000 GMT.

Aluminium, the most energy-intensive metal to produce, has eased in recent months along with...