October 25, 2022 Chile close to decision on raising mine royalties BHP and Antofagasta said a mining royalty bill in the country would affect competitiveness and encourage miners to reevaluate investments.
October 24, 2022 Responsible copper mining framework extended to nickel, zinc and molybdenum The Copper Mark extends its responsible mining assessment already covering a fifth of global copper production, to molybdenum, nickel and zinc with the launch of a pilot program.
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.
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