A gauge tracking resources firms listed in Shanghai and Shenzhen has gained 10% in the past month.

The world’s biggest independent commodities trader is expanding beyond oil, gas and power.

Its nickel subsidiary SLN is locked in a dispute with local authorities over financial guarantees.

The project is 70% owned by Capstone and 30% by Mitsubishi Materials.

Since it began operations in 2016, the mine has had to halt operations for more than 600 days.

Copper is entering a second bull market this century, Citigroup said this week.

As long as BHP’s giant Escondida mine in Chile continues to step up production, the Australian company will nudge past Codelco this year.

A string of mine closures has tightened concentrate availability with significant implications for the refined metal market.