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The Pentagon Launches a Massive $1 Billion Plan to Purchase Critical Minerals: Aim to Reduce Dependence on China
The United States has launched one of the largest strategic stockpiling operations for critical minerals in decades, aiming to reduce dependence on Beijing and protect its industrial and military supply chains. According to the Financial Times and confirmed by...
Base Metal Inventories in Shanghai Bonded Zones: Copper Rises, While Aluminum, Zinc, and Nickel Decline in September
Base metal inventories in Shanghai bonded warehouses showed mixed trends in September, according to Commodity Evolution. The opening of the copper export arbitrage window prompted new inflows of cathodes into the bonded zone, while aluminum, zinc, and nickel recorded...
CMOC Group: Global Expansion and Strategic Vision Amid Geopolitics, Innovation, and Leadership in Copper and Cobalt
The Chinese group CMOC (China Molybdenum Co. Ltd.)—one of the world's leading producers of copper and molybdenum and a global leader in cobalt—has outlined an ambitious growth plan for the coming years, despite rising geopolitical tensions and evolving market...
Codelco Downgrades Copper Production: Losses of 48,000 Tons in 2025 Following Tragic Accident at El Teniente Mine
Chilean mining giant Codelco has announced that the consequences of the serious accident at its flagship mine, El Teniente, will be more severe than expected. According to President Máximo Pacheco in an interview with Commodity Evolution in London, copper production...