Op-Ed: Copper rally masks smelting power shift
Midstream stress deepens as smelters face collapsing fees and rising concentration risk despite strong copper demand outlook.
Latest Stories
Nippon Steel secures $5.7 billion of loans for US Steel takeover
The lenders include Japan's three "megabanks".
Major tropical cyclone threatens mine region in Australia’s north
Cyclone Narelle is expected to bring heavy rain to a swathe of northern Queensland, potentially including Cairns.
Core Lithium secures $205 million to restart project
Core is targeting first spodumene concentrate production from the project in the September quarter.
India takes rare cargo of BHP iron ore banned by China
The vessel True Champion is carrying some 172,000 metric tons of Jimblebar Fines to Jaigarh in India, according to Kpler data.
New BHP CEO to tackle deals, China exposure and capital discipline
Brandon Craig steps into role with copper strategy intact but under pressure on capital, growth and global ties.
Rusal swings to annual loss on rising costs, lower aluminum output
Since 2022, Rusal has been seeking to diversify more of its sales towards Asian markets to offset declining demand in the West.
BHP names Brandon Craig as new CEO
Craig will succeed the current CEO Mike Henry on July 1.
UK plans to double steel tariffs, Politico reports
The move, if announced, would bring Britain broadly into line with the European Union and the United States.