Copper price falls on muted China retail and industrial data
Copper prices declined on Monday after data showed factory output and retail sales in China rose more slowly than expected in July.
Latest Stories
GRAPHIC: Record high aluminum prices likely to spur destocking
Record aluminum prices in the United States and Europe will be sustained by Russia's mining tax for some months, but attempts to push prices even higher are likely to face headwinds.
China’s steel output hits 15-month low
Chinese industrial production in July increased 6.4% y/y vs median estimate of 7.9%.
Gold price extends gain on virus concerns, weak economic data
The rebound toward $1,780 also helped trigger some investors to buy back their bearish positions, says one analyst.
Home: Funds unimpressed by mounting copper supply disruption
Macro headwinds in the form of slowing growth impetus in China and the spread of the Delta variant of covid-19 are currently outweighing copper’s micro-dynamics.
Most LME floor members to return when ring trading restarts in September
Eight of the nine members trading on the floor of the London Metal Exchange will return when it reopens in September.
Galaxy Resources swings to half-year profit on strong lithium prices
The results come as Galaxy completes its merger with Orocobre to create the world's fifth most valuable lithium miner.
Sumitomo Metal develops rechargeable battery recycling technology
Japan's biggest nickel smelter has successfully recovered a high-purity nickel-cobalt mix by separating impurities.
BlueRock shares jump on biggest diamond found at Kareevlei
The 58.6-carat diamond find follows the discovery of a 21.6 carat stone at the South African mine a week ago.
