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Aluminum Inventories Hit Record Lows in Rotterdam Despite Weak Demand
Aluminum inventories in warehouses in Rotterdam, the Netherlands, reached a new record low in June, reaching approximately 500,000 tonnes. This is surprisingly low, especially considering that demand in the region remains sluggish. This was reported by market sources...
All-Time Record at Oyu Tolgoi: Copper Production Accelerates Sharply
Rio Tinto, the Anglo-Australian mining giant, expects global copper production for 2025 to be at the upper end of its annual guidance (780,000–850,000 tonnes), driven by exceptional 65% year-on-year growth in the second quarter at Oyu Tolgoi, Mongolia. In Q2 2025,...
The Impact of Tariffs Begins to Impact US Inflation
International trade tensions are beginning to affect American consumers' wallets. US inflation rose to 2.7% in June, according to the Associated Press, and many analysts attribute this increase to the lagged effect of tariffs. Over the past five years, US importers...
China and India Compete for African Copper
In the heart of the African continent, an increasingly strategic geopolitical and economic game is being played out: access to copper and cobalt reserves, two critical raw materials for the global energy transition. At the forefront are China and India, both intent on...