Jiangxi Copper notches best profit in 6-1/2 years on buoyant prices
Profits jumped more than fivefold year-on-year in Q1 on the back of booming prices for the red metal.
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Russell: China copper price flip to discount vs LME raises red flag amid rally
There are signs that China is already tightening credit, which may result in slower spending on copper intensive infrastructure and construction projects.
South32 posts jump in quarterly metallurgical coal output
Company posted a 34% jump in third-quarter metallurgical coal output.
New capacity needed to meet rapid copper demand growth
"For 2030/2031 we are looking at a supply gap of 4.5 million tonnes of greenfield project capacity, " said Wood Mackenzie.
Barrick readies to open Loulo-Gounkoto underground mine
The miner has also started a prefeasibility study for an underground operation at Loulo 3 and a large open pit at Yalea South.
Two-wheelers to play big role in EV market share growth – report
IDTechEx says that when countries like India mention ambitious electrification targets, they are referring to the electrification of two-wheelers and micro-mobility, not cars.
Copper price surges toward $10,000 as bulls bet on global rebound
Bulls are swarming in to profit as stimulus measures, vaccine rollouts and climate pledges fuel a global recovery from the pandemic.
Vale mulls base metals spinoff to tap EV market
The move could help the nickel and iron ore giant take advantage of an increasing demand from electric car manufacturers.
Investors love copper but not the price of building a new mine
As copper bulls pushed prices to decade highs, the end of a six-month corporate spat showed that some investors were still reluctant to back a long-term bet on the metal.
