Copper: Bhp targets to expand in Chile
According to BHP Group CEO Mike Henry, the company is intent on expanding operations in Chile, the world's top copper producer, under the "right conditions." The Andean nation's mining sector faces uncertainty over the drafting of a new constitution, which could lead...
Zinc: weak Chinese demand will make up for poor supplies
Shortages and low stocks in London Metal Exchange-licensed warehouses will help support zinc prices, but slowing growth and demand in China, the main consumer, is expected to weigh on the metal used for galvanizing steel. Benchmark CMZN3 zinc prices hit a record high...
Commodities: global race thrusts Africa into mining spotlight
The need to secure new sources of metals for the energy transition, amid sanctions against major producer Russia, has increased Africa's risk appetite for major miners, who have few alternatives to the resource-rich continent. Companies and investors are considering...
Aluminum: U.S. imports rise again in March
According to data from the U.S. Census Bureau, imports of unalloyed primary aluminum into the United States totaled 140,8377 tons in March, up 4.5% from February, while shipments from Canada fell 4.2% to 82,850 tons. Total P1020 imports from January to March rose...