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Copper: global metal smelting has fallen to a two-year low, according to satellite data
Global copper smelting activity fell in April to its lowest level in two years, due to the closure of Chinese operations for maintenance and the slowdown of plants in North America, satellite surveillance data from metal processing plants showed on Friday. According...
LME will be closed on May 8, 2023
The LME will be closed on Monday May 8, 2023 on the commemoration of the coronation of King Charles III. Trading will resume as normal on Tuesday May 9, 2023. You are unauthorized to view this...
Copper: production in Chile down 4.7% in March
Total copper production in Chile fell 4.7 per cent in March to 436,000 tonnes, while state giant Codelco's output fell 16.5 per cent year-on-year to 119,400 tonnes, the Chilean Copper Commission said on Wednesday. Production at the Escondida mine, controlled by BHP,...
Freeport Indonesia will have to cede an additional 10% stake to the Indonesian government
Indonesia's investment minister said on Wednesday that Freeport Indonesia will have to agree to sell an additional 10 per cent stake to the Indonesian government while negotiations are underway to extend the US company's permit to operate in the country. Bahlil...