Copper price heads toward $12,000 a ton as banks predict further gains
With year-end approaching, copper on the London Metal Exchange is up nearly 40%, marking its biggest annual gain since 2009.
Another 10MT of iron ore off the market as Vale halts Alegria mine
Brazil’s Vale (NYSE:VALE) has halted operations at the Alegria iron mine in the Mariana complex of Minas Gerais state, which may remove up to 10 million tonnes of iron ore a year from the market. The preventive measure, said the...
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