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Iron ore: Fortescue keeps positive outlook
Leading iron ore producer Fortescue Metals is optimistic about the outlook for iron ore prices. Fortescue chief operating officer Dino Otrano told delegates at the Global Iron Ore and Steel Forecast conference, in Perth, that global market conditions continue to...
Aluminium: an overview of the Chinese market
The continued decline in China's primary aluminium stockpiles due to a recovery in demand, coupled with the slow recovery of new capacity for the new COVID19 outbreak, pushed up the price of A00 aluminium ingots by RMB 90 per tonne to RMB 22,990 per tonne on Tuesday,...
Codelco may privatise some of its activities
According to Patricio Vergara, vice president of mineral resources and development at Codelco, the world's largest copper producer is preparing to offer some 'non-core' exploration assets to the market, signalling a rare privatisation for the state-owned mining...
Copper: Mount Polley mine preparing to restart
Hundreds of workers who worked at the Mount Polley copper mine near Williams Lake, British Columbia, have been recalled and new ones recruited as the mine prepares to restart in the spring, buoyed by high copper prices. Mount Polley was closed in 2014 after a massive...