Antofagasta faces strike threats at two of its copper mines in Chile

Regular operations in at least three Chinese warehouses have been suspended to check on-site metal inventories.

China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy.

The brokerage in a note said it expects the industrial metal's price to be at $4.32 per pound in 2022, and then drop to $3.75 in 2023 and 2024.

Chile's total copper production in the month fell 8.9% to 420,000 tonnes.

Sanction for deficiencies associated with tailings management, Chile's environmental regulator said.

At least three companies lent a total of more than 500 million yuan ($75 million) against stockpiles of the metal stored in a warehouse in the southern province of Guangdong that turned out to be worth significantly less than that.

Under this seven-year supply deal, Managem will supply Renault with 5,000 tonnes of cobalt sulfate annually starting from 2025.

Zambia in May 2019 handed control of Konkola Copper Mines (KCM) to a state-appointed provisional liquidator, triggering a legal battle with its previous owner Vedanta.

VW’s efforts to make changes are often held up by a convoluted governance structure.