July 4, 2023

Sizing up: The oil market vs Top 10 metal markets combined

The oil market is bigger than the 10 largest metal markets combined, with production value exceeding $2 trillion annually.

July 4, 2023

Column: Old economy drags base metals lower in first half of 2023

The LME index of base metals has sunk from a January high of 4,356 to 3,704.

July 4, 2023

Lotte Energy moves to become copper foil leader by 2028

The South Korean firm aims in the to grab a 30% share of the global market for copper foil, a key component in EV batteries.

July 3, 2023

Los Andes Copper weighs funding options for Chile project including sale

The company was recently authorized to restart drilling at Vizcachitas after fulfilling conditions laid out by an environmental court.

July 3, 2023

ING sues legendary Chinese copper trader over $147 million debt

Amount involves overdue payments owed by Triway International Ltd., a trading arm of Maike Metals International, founded by He Jinbi.

July 3, 2023

Glencore offers to buy rest of PolyMet for $71m

The move will give Glencore a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine.

July 2, 2023

Zambia to pick investor in Mopani Copper Mines this month

China’s Zijin Mining, Norinco Group, Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials are shortlisted to buy Mopani.

June 30, 2023

Copper price rises despite slow recovery in China

"There is no end in sight in the near future to the gloomy sentiment surrounding China's economic recovery," Commerzbank said.

June 30, 2023

Mopani Copper Mines losses deepen amid search for new investor

Its financial losses widened to $298 million from $74.2 million in 2021.

June 30, 2023

Chile copper output falls 14% y/y in May

The world's largest copper producing nation, which accounts for a quarter of the world’s mined metal, has seen its output stagnate