Copper prices jumps to highest since February 2013 on hopes US economic stimulus will further boost demand for metal already in short supply amid an Asian factory and construction boom.
With rising commodity prices and a drop in production costs setting the stage for blowout profits, copper producers are poised for their best year in over a decade.
Rio Tinto taps finance head as new chief executive; SolGold CEO handed shareholder rebuke at annual meeting; Anglo American to divest from thermal coal operations by 2023
Demand for thermal and metallurgical coal should rise to 7,432 million tonnes in 2021, from 7,243 million tonnes this year, according to the International Energy Agency.