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Antofagasta Shocks Market: Offers Zero-Dollar Copper Treatments to Chinese Smelters
Chilean Antofagasta, a major global copper producer, has shocked the market by offering zero-dollar copper concentrate treatment and refining (TC/RCs) for some 2025 supplies to Chinese smelters, three industry sources with direct knowledge of the deal said on Friday,...
Steel, Tariffs and Diplomacy: US and Mexico Close to Deal, but Middle East Slows Down
The United States and Mexico are close to a trade deal on the 50% tariffs imposed on steel and aluminum under Section 232, according to Mexican Economy Minister Marcelo Ebrard. However, geopolitical tensions in the Middle East are temporarily freezing the dialogue. At...
France: Battri Launches Black Mass Production in ‘Battery Valley’
French recycler Battri has officially launched operations at its new black mass production facility in France’s so-called ‘battery valley’, the company’s co-founder and CEO, Maxime Trèves, announced on Tuesday, June 24. The lithium-ion battery recycling facility is...
Spot Copper Premiums Steady To Slightly Lower In Europe, Asia And The US
The European copper market showed persistent supply tension during the assessment period ending Tuesday, June 24, according to various trade sources. A-grade cathode availability remained tight due to a diversion of flows to the US market, leaving the continent with...