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The LIT lithium fund edged up 0.10% to US$62.69 on Wednesday, but Albemarle fell 2.02% and Chile’s SQM dropped 2.26% in New York trading. The post Lithium Fund Edges Up 0.10% as Albemarle Falls 2.02% | Lithium, Oct 28 appeared first on The Rio Times .
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Copper’s CPER fund rose 0.70% to US$40.33 on Wednesday as Freeport-McMoRan gained 0.99% and Southern Copper slipped 0.27% after the Fed hold.
Colombia’s COLCAP index closed almost flat at 2,505.79 on Wednesday, down 0.03%, while the peso slipped about 0.5% to 3,163 per dollar as oil rose.
Argentina’s Merval index fell 1.30% to 95,438.89 on Wednesday as banks slid and country risk rose to 763 basis points; the official dollar held at ARS 1,560.
Vale’s New York shares fell 3.12% to US$11.47 on Wednesday as Brazil’s stock market dropped 2.68%, while Rio Tinto gained 0.22% to US$85.93.
Nexa Resources, a Peru and Brazil zinc miner, fell 1.09% to US$11.82 on Wednesday while Teck Resources gained 1.22% to US$63.04 in New York.
Brazil’s Gerdau fell 3.01% and CSN 7.55% in New York on Wednesday, while the SLX steel fund dipped 0.12% and Nucor and Steel Dynamics rose.