March 29, 2024

CHARTS: Copper price bulls bring back $10,000 forecasts

While plummeting spot TC/RCs – from $90+ to $3 – are behind the (already fizzling) rally, copper’s long term supply problems are also firmly back in focus.

March 28, 2024

Adani kicks off $1.2 billion Indian copper smelter

The plant will be the world’s largest single-location custom smelter for the industrial metal.

March 28, 2024

India to send teams to Chile seeking lithium and copper assets

India will send two delegations next month to Chile to scout for lithium and copper resources.

March 28, 2024

Mitsui invests in Atlas Lithium with offtake deal from Brazil mine

The deal by the Japanese trading house follows a similar one unveiled by rival Mitsubishi Corp.

March 28, 2024

Freeport warns copper export ban could cost Indonesia $2bn in lost revenue

Indonesia's export ban takes effect from June in an effort to force miners to invest in domestic smelting facilities.

March 27, 2024

Indonesia’s Merdeka sets gold, copper production targets for 2024

It expects to produce 100,000-120,000 oz. of gold from its Tujuh Bukit mine and 14,000-16,000 tonnes of copper from its Wetar mine.

March 27, 2024

Singapore warehouses are filling up with surplus lead and zinc

A record delivery of lead into LME warehouses in Singapore has underscored the city state’s emergence as a dumping ground for surplus industrial metals.

March 27, 2024

Indonesian miner Amman asks for copper export ban delay

The production will be supported by high-grade ore from Phase 7 at its Batu Hijau mine.

March 26, 2024

Tsingshan unit plans Indonesian battery plant as trade frictions mount

The plant will be housed alongside Tsingshan’s existing operations in Weda Bay and could begin operating as soon as next year.

March 26, 2024

Iron ore hit by fresh selling as traders fret over China demand

The absence of strong policy signals from Beijing has fueled uncertainty on whether construction activity will pick up.