October 24, 2022 LME Week: Codelco expects China’s copper demand to be resilient China buys about half of Codelco's production and also accounts for about half of global copper consumption, which analysts estimate will be around 25 million tonnes this year.
October 24, 2022 China’s billion-dollar cash-for-copper trade grinds to a halt The Chinese copper market is at its tightest in more than a decade as traders pay massive premiums for immediate supplies.
October 24, 2022 Copper buyers want longer-term deals on supply concerns, Codelco says The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals.
October 24, 2022 Copper price down as China’s yuan falls to lowest since 2008 Analysts at JPMorgan still expect prices to fall in the short term.
October 24, 2022 Copper tech firm Jetti raises funds at $2.5 billion value Jetti tapped existing investors as well as new backers at a valuation that’s about double its last raise.
October 23, 2022 Chilean mines’ demand for clean energy solutions could be met by local businesses – report Such demand could be met by local companies as long as they ramp up the production of green fuels and their manufacturing capabilities when it comes to electrifying mining fleets.
October 21, 2022 Vale CEO says miner will spin off copper, nickel unit Rather than selling all or part of it, the company is now looking to separate and ring-fence the copper and nickel unit from the iron ore business.
October 21, 2022 Aurubis tests ammonia for low-carbon copper product output Use of ammonia can reduce the amount of natural gas required for the production of copper wire rod by up to 20%, Aurubis said.
October 21, 2022 ISS sides with top Turquoise Hill investors in dismissing Rio takeover ISS recommended Turquoise Hill shareholders vote against Rio’s cash offer to acquire 49% of the stock it doesn’t own for C$43 a share, the firm said.
October 21, 2022 LME Week: cocktails, canapés and crises Trading volumes have been sliding sharply since the nickel blow-out in March and there's lingering uncertainty as to the future of the exchange's iconic open outcry trading ring, writes Andy…
Codelco, SQM kick off lithium tie-up with board meeting The NovaAndino Litio company was established after an agreement signed in May 2024 and valid until 2060. December 29, 2025 | 07:59 am
