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Blog — 7 Apr, 2022
By Sean DeCoff
Russia is a top-10 producer of nearly all major base metals. In particular, the country accounts for 4% of global copper output and almost 7% of nickel output. Given that Russian copper and nickel exports come mainly in the form of refined metal, a disruption would be significant, as London Metal Exchange and Shanghai Futures Exchange inventories of both metals are currently extremely low.
Gain an overview of the Russian and Ukrainian mining sectors:
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