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NCM Black Mass Under Pressure in Asia: Korea Cuts Purchases and Southeast Asia Loses Support
The Asian NCM black mass market is facing a new phase of decline, in which weak lithium and cobalt prices are compounded by abundant available material and refiners’ caution. In the week ending Wednesday October 28, 2026, the payment percentages recognized to...
Asarel-Medet, Bulgaria confirms 172,000 tonnes of concentrate: a strategic source for European copper
Keeping production unchanged can become a competitive advantage when raw material is scarce. This is the perspective from which to read Asarel-Medet’s program: the Bulgarian company reported producing 172,000 tonnes of copper concentrate in 2025 and expects a similar...
Copper Towards $13,000 In 2027: World Bank Forecasts High Prices, But Metals Markets Remain Divided
The World Bank forecasts an average copper price of $13,000 per tonne in 2027, just 1.5% below the $13,200 estimated for 2026. The October update, published on October 28, 2026, indicates that electrification, electricity grids and data centres will continue to...
Freeport-McMoRan: Revenue Rises Despite Lower Copper Output As Grasberg And Expansion Projects Shape Future Supply
Freeport-McMoRan reported higher revenue and earnings in the third quarter of 2026 despite lower copper and gold output. Higher realized copper and molybdenum prices supported profitability, while the recovery of Indonesian operations and potential expansions in the...