Copper markets
Mining firms power UK stocks to record high after 50% U.S. copper tariff confirmed
The smelting area, where the copper is smelted and then placed in molds and cooled, at the Codelco El Teniente processing facility in Machali, Chile, on Wednesday, April 2, 2025. Bloomberg | Bloomberg | Getty Images London-listed mining firms bounced on Thursday, shaking off recent losses to drive the U.K.’s FTSE 100 index to a […]
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Why merger mania is coming to the fore in the mining industry
The Rio Tinto Group logo atop Central Park tower, which houses the company’s offices, in Perth, Australia, on Friday, Jan. 17, 2025. Bloomberg | Bloomberg | Getty Images The mining sector appears poised for a frantic year of dealmaking, following market speculation over a potential tie-up between industry giants Rio Tinto and Glencore. It comes […]
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Copper prices near six-week high as one strategist says the ‘worst of the correction is over’
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Copper prices on Tuesday rose to an almost six-week high, supported by fresh investor demand and market optimism over the potential for imminent […]
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Replacing China in copper supply chain is ‘unfeasible,’ warns WoodMac, as the West seeks shift
A worker tying copper wire rods before loading them onto a truck in Huai’an, in China’s Jiangsu Province. Vcg | Visual China Group | Getty Images Western countries seeking to diversify away from China’s dominance in copper could delay the energy transition besides raising costs, while its complete replacement would be ‘unfeasible,’ according to Wood […]
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Goldman says the bear current market for battery metallic price ranges is far from around
The Albermarle Corp. lithium processing facility in Antofagasta, Chile, on Saturday, March 2, 2024. Bloomberg | Bloomberg | Getty Visuals Goldman Sachs finds it is way too early to get in touch with an conclusion to a battery raw products value plunge, warning that significant provide pipelines and Western electric powered auto headwinds could continue […]
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Invoice Gates and Jeff Bezos-backed startup discovers substantial-scale copper deposit in Zambia
A truck tends to make its way over the Victoria Falls bridge, spanning more than the Zambezi River, linking Zambia and Zimbabwe, in Livingstone, Zambia, on Sunday, May perhaps 8, 2022. Bloomberg | Bloomberg | Getty Pictures KoBold Metals, a California-centered metals exploration business backed by billionaires which include Bill Gates and Jeff Bezos, stated […]
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How $100 billion mining big Rio Tinto is poised to reward from the EV boom
Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake Metropolis are on the frontline of America’s changeover to clean vitality. Global need for copper, a key element of electric powered motor vehicles, is predicted to improve from 25 million metric tons to approximately 49 million metric tons by 2035, in […]
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Deep-sea mining could enable solve the global crucial minerals lack, but it truly is a lightning rod for controversy
There are billions of tons and billions of dollars’ worthy of of essential minerals which includes nickel, copper, cobalt and manganese lying at the base of the seafloor. These metals are important to electrical auto batteries and the clear electricity transition, and they are found in abundance in a patch of the Pacific Ocean recognised […]
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BHP posts file total-12 months iron ore output, flags rising costs
BHP Group’s symbol adorning the side of its world wide headquarters in Melbourne on February 21, 2023. William West | AFP | Getty Visuals BHP Group on Thursday described its highest at any time annual iron ore production, served by the ongoing ramp up at its South Flank functions in Western Australia but flagged it faces rising costs. The world’s major stated […]
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Australia’s essential minerals market requires quicker permits, not subsidies, BHP suggests
BHP Group’s brand adorning the aspect of its world-wide headquarters in Melbourne on February 21, 2023. William West | AFP | Getty Visuals Australia’s critical minerals strategy does not need the sugar hit of more subsidies as excellent tasks will come across investment, but the country needs to hasten mine growth timeframes and rework new workplace laws, BHP’s CEO said on Tuesday. BHP CEO Mike Henry’s […]
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