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Serbia could become the second European copper producer
Serbia's Zijin Mining, a wholly owned subsidiary of Zijin and backed by China, has received permission from the Serbian government to begin mining operations at the Cukaru Peki copper and gold mine, part of the Timok project, in the eastern part of the country. The...
According to Watum, the cobalt “bubble” will soon burst
According to the head of the Democratic Republic of Congo's chamber of mines, Louis Watum the demand for cobalt is a bubble that will burst when new battery technology reduces the need for the metal. Congo holds more than half of the world's cobalt reserves, but the...
Drop for Chinese copper production in May
China's major copper smelters reduced production by 4.34% in May from the previous month to 765,100 tons as many of them performed maintenance. In the first five months of 2021, smelters produced 3.84 million tons of cathode, up 12.83% from the same period last year....
Good turnaround performance for non-ferrous metals
Good turnaround performance for non-ferrous metals....positive day for all.....only primary aluminum seems to be struggling. Possible new weaknesses from next week...stay tuned with Commodity Evolution Our price estimates are for subscribers only. You are unauthorized...