Copper and nickel: Bhp predicts growth of up to four times over the next 30 years
According to Bhp, as the pace and shape of the global transition to a greener economy has become a key global issue, the need for battery metals will grow up to four times over the next 30 years. The world's largest miner is also predicting that demand for nickel,...
Industrial metals: all in simultaneous backwardation
For the first time in over a decade, six of the world's most vital industrial metals are flashing a rare synchronized warning about tight supply as logistical turmoil and strong demand ignite anxiety among buyers. From aluminum to zinc, spot prices for base metals on...
Copper: blockades of ships continue in Chinese ports
Vessels capable of carrying about 370,000 tons of semi-processed concentrates from Chile and Peru are waiting to be unloaded at Chinese ports. While this is down 13% from October, it is still well above year-ago levels and accounts for 30-40% of all monthly deliveries...
Copper: future supply/demand will decide the metal’s trend
Copper's rally, which has more than doubled since its all-time lows, has been fueled by the widespread belief that demand for the benchmark metal will receive a massive boost, not only from a post-pandemic economic boom, but also from the global push for...
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