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Chinese imports of Australian copper ore have plummeted to zero
Chinese imports of copper concentrate from Australia dried up completely in December, customs data showed, with monthly arrivals of zero for the first time in more than 16 years, as smelters shun Australian supply amid strained bilateral relations. This compares with...
Antofagasta’s expansion at Los Pelambres to cost $400 million more
Chilean miner Antofagasta revealed that the project to expand the Los Pelambres operation in its home country would cost $1.7bn, up from the initial estimate of $1.3bn, mainly due to the revision of marine works and the value of a desalination plant expansion....
Reducing demand to weaken Chinese steel prices
Reducing demand to weaken Chinese steel prices. Resta aggiornato per seguire i mercati industriali.
BHP raises full-year iron ore production outlook
BHP Group Ltd has upgraded its full-year iron ore production outlook on sustained demand from China and the resumption of operations at Samarco. The company resumed production at its Samarco plant with joint venture partner Vale SA in December, five years after a dam...