March 15, 2024

Copper price surges on supply threat as iron ore shows economic risks

Prices for two of the world’s most important mined commodities are diverging quickly.

March 14, 2024

Congo, Chinese partners sign reviewed Sicomines copper-cobalt joint venture agreement

Under the revised deal, both parties have agreed that China will invest up to $7 billion in infrastructure projects in Congo.

March 14, 2024

China to invest in Canadian mining despite crackdown, envoy says

Ambassador Cong Peiwu said the Canadian government is “wrong” to prevent Chinese investors from buying majority stakes in domestic mining companies, like it did in 2022.

March 14, 2024

China’s North Copper may curb production amid supply shortage

The news comes as major Chinese smelters scramble to secure raw material supplies after their profit margins were hit by shortages of copper ore.

March 13, 2024

Traders pile into bullish copper options as output cuts loom

Total options volume spiked to more than 52,000 contracts, according to exchange data.

March 13, 2024

The big lithium short gets ‘dangerous’ on lower supply outlook

UBS and Goldman Sachs have trimmed their 2024 supply estimates by 33% and 26%, respectively.

March 13, 2024

Copper price soars to 7-month high on China’s plans to cut output

China's biggest copper smelters have agreed to a symbolic cut in loss-making production, without specifying volumes and timing.

March 13, 2024

China’s copper smelters vow capacity controls after fees plunge

Executives from 19 smelters have agreed to re-arrange maintenance work, reduce runs and delay the startup of new projects.

March 13, 2024

China’s top copper smelters agree on rare joint production cuts

Copper price on the Shanghai Futures Exchange hit a 22-month high following the news.

March 12, 2024

One metal’s slump shows China’s new economy is in favor

Iron ore staged a partial recovery, after slumping by the most since mid-2022 on Monday.