Copper price heads toward $12,000 a ton as banks predict further gains
With year-end approaching, copper on the London Metal Exchange is up nearly 40%, marking its biggest annual gain since 2009.
Australia's Atlas moves to monthly iron ore pricing
Pilbara iron ore exporter Atlas Iron will switch to monthly pricing when several of its long-term supply contracts reach completion in the next nine months. Iron ore contracts have been moving towards spot market prices since BHP Billiton shifted from...
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