Loading
Hudbay Minerals and Mitsubishi Sign $600 Million Joint Venture for Copper World
Canadian mining company Hudbay Minerals announced a $600 million strategic investment by Mitsubishi Corporation to acquire a 30% stake in the joint venture behind the Copper World project in Arizona, just days before its second-quarter earnings presentation on...
Section 232 Exemption: A Breath of Relief for the Copper Market, But Risks Still Lurking
When the United States opted not to impose Section 232 tariffs on copper cathode imports last month, the market breathed a sigh of relief. Few, however, fully understood how close we were to a full-blown logistics and price crisis—and how a little-known technical...
Global P1020A Aluminum Premiums: Mixed Trends Amid Tight Supply and a Quiet Summer Market
In the week ending Tuesday, August 12, global premiums for P1020A aluminum saw mixed movements: in several regions, values rose due to limited availability, despite the low liquidity typical of the summer period, while in Japan, prices declined slightly. Mexico:...
LME Copper Price Steady Amid Uncertainty Over Record-High COMEX Inventories
The three-month price of copper on the London Metal Exchange (LME) remained virtually unchanged on Wednesday, August 13, moving within Tuesday's gains range amid uncertainty about the future of the massive inventories accumulated in COMEX warehouses in the United...