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Copper price continues to rise with forecast surplus in 2021
According to the International Copper Study Group (ICSG), the global copper market is expected to see a surplus of 79,000 tons this year and 109,000 tons in 2022. After three years of being essentially unchanged, global copper mine production is expected to increase...
Bhp warns against Chile’s mining tax
Bhp reported that a proposed royalty on copper and lithium sales being discussed by lawmakers in Chile risks making international companies wary of investing in new projects or expanding existing mines to meet growing demand for both metals. The congressional mining...
Lme will be closed on May 3 for holidays
Lme will be closed on May 3 for holidays. Trading will resume as normal on Tuesday, May 4. You are unauthorized to view this...
Weak Chinese demand drives tin exports
Customs data from China indicate that the country was a net exporter of refined tin again in March. Net exports were about four times higher than in February. The data reveals that refined tin imports fell to 102 tons in March, down about 78%. This is the lowest level...