November 13, 2024 Citigroup cuts copper forecast on tariffs risk, China outlook The bank has cut its short-term outlook for copper prices by 11% to $8,500 a ton over the next three months.
November 13, 2024 Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says The cautious outlook comes as global exploration budgets for nonferrous metals declined by 3% in 2024.
November 13, 2024 China’s copper market needs more stimulus, says top importer The copper market in China is at a critical juncture.
November 13, 2024 Uranium price to recover next year on shortage, Trump policy, Sprott CEO says The heavy metal’s spot price fell to $76.56 per lb. this week, down from a 17-year high of $106 per lb. in February.
November 12, 2024 China should use more aluminum and recycled copper, industry says China depends on overseas imports for 60% of its aluminum resources as opposed to 70% of its copper resources.
November 12, 2024 China’s copper production boom threatens to crowd out the rest of the world The top consumer of copper globally is on track to produce about half the world’s refined metal this year after a frenzy of smelter construction to secure supplies crucial to…
November 12, 2024 PT Vale and China’s GEM partner for $1.4 billion Indonesian nickel plant The plant will process nickel laterite ore from the Vale unit into 66,000 tons of mixed hydroxide precipitate annually.
November 12, 2024 Nornickel moves closer to deal for new copper plant in China The plant would produce 500,000 tons of refined copper a year using concentrate shipped from Russia.
November 12, 2024 Ivanhoe’s Friedland says fears for China on US tariffs overblown Trump has said he would impose duties of 60% on goods from China as part of his plan to build-up the manufacturing industry in the US.
November 11, 2024 Copper price, stocks are being hammered as Trump tariff, China worries mount “Though commodities are often seen as an inflation hedge, in this instance – where inflation is neither driven by strong demand growth nor a negative commodity supply shock – they…
Congo to allow cobalt quotas for 2025 to be executed until March 31 Congo accounts for more than 70% of global mined cobalt production that was estimated by analysts at around 280,000 metric tons this year. December 31, 2025 | 12:14 pm
