April 12, 2024 The big crunch is here as copper decouples from market cycles, Bank of America says The tension between demand and supply, coming as capital costs at mines rise while copper prices are slower to catch up, leads to significant price projections and concerns over the…
April 12, 2024 BHP suspending China portside iron ore sales until April 22 for system upgrade Industry sources said they did not expect much impact, noting that portside stocks are at high levels.
April 12, 2024 China’s March iron ore imports edge up, steel exports near 8-year high The world's largest iron ore consumer brought in 100.72 million metric tons month.
April 12, 2024 Copper price rally continues with surge to highest in 22 months Futures on the London Metal Exchange have risen more than 12% so far this year.
April 11, 2024 Zinc price trades near one-year high as market weighs supply risks Prices for the metal have rallied more than 13% over the past two weeks amid the threat of reduced output from refiners.
April 11, 2024 China state planner finalizes rule to set up coal production reserve system The rule, first issued in draft form in December, called for 300 million metric tons of "dispatchable" annual coal production by 2030.
April 11, 2024 Global copper smelters less active after China’s planned output cuts Average inactive capacity in China rose to 9% in March from 8.3% in the first two months.
April 11, 2024 Global coal power grew 2% last year, the most since 2016, survey says The rise is driven by new builds in China and decommissioning delays elsewhere.
April 11, 2024 Iron ore price drifts higher as soft China data triggers stimulus hopes New data maintained pressure on policymakers to launch more stimulus as demand remained weak.
April 10, 2024 Tianqi takes another shot at probing SQM-Codelco lithium deal It’s the latest twist in tensions between SQM and its Chinese shareholder after representatives of the two companies questioned each other’s real motivations.
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