Codelco and the Challenge of Copper Production: The Decline and Prospects for Recovery
Copper production by Chile's state-owned mining giant Codelco declined significantly in July 2023, down 10.7 per cent from the same period a year earlier. According to Chilean copper commission Cochilco, Codelco produced 111,400 metric tonnes of copper in July,...
Putin Threatens Restrictions on Uranium, Titanium and Nickel: Implications for the Global Economy
Russian President Vladimir Putin announced on Wednesday that Moscow might consider introducing restrictions on uranium, titanium and nickel exports as a response to sanctions imposed by the West. This statement, made during a meeting with government ministers,...
Nippon Steel’s Proposed Acquisition of U.S. Steel: Opportunity or Threat?
The global steel industry is closely watching the proposed acquisition of U.S. Steel by Japanese giant Nippon Steel, valued at $14.9 billion. This deal, which has been dragging on for nine months due to a number of obstacles, is currently under scrutiny. Strong...
The rise of copper stocks and the stability of aluminium: An analysis of global metal trends
Copper stocks continue to grow rapidly, registering a significant increase in recent months. According to data, copper stocks increased by 29% in August, reaching 295,300 tonnes compared to 229,025 tonnes in July. This represents an impressive 212% growth from the...
Loading