Column: Ferocious CME copper squeeze presages future turbulence

Russia was in 2022 ranked as the world's second biggest gold miner, after China.

If developed, the mine would supply more than a quarter of US copper demand for the renewable energy transition.

Codelco and SQM agreed to start talks with a council of representatives from 18 indigenous communities in December in efforts to reach an agreement to form a new state-controlled public-private partnership.

After seizing power in a coup in 2021 and forming an alliance with Russian troops, the Mali junta has been focusing on the mining industry.

Larger copper, gold and molybdenum volumes boosted metals mining just over 17%, according to government statistics.

It is a second lawsuit Sberbank has filed in Russia against Glencore over unpaid fuel supplies.

Aluminum jumped as much as 9.4% as the market opened, the most since the current form of the contract was launched in 1987.

The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.

Codelco is aiming to produce between 1.325 million and 1.390 million metric tons of copper this year.