Copper prices to hit record high in Q4 2024 on Fed cuts and China stimulus – FastmarketsAnalysts expect prices around $10,265 per tonne in the last quarter of the year.Staff Writer | October 11, 2024 | 9:45 am
CME blocked Istim warehouse after objections from metal tradersMarket participants raised concerns about a controversial fee increase announced…Bloomberg News | October 11, 2024 | 9:29 am
Iron ore price recovers but posts weekly loss as Beijing stimulus uncertainty weighsChina's finance ministry is scheduled to hold a news conference…Reuters | October 11, 2024 | 7:42 am
Iron ore price flicks higher from lowest close in nearly two years The flick higher on Friday ends five days of losses amid torrid conditions in China’s steel market. Bloomberg News | September 6, 2024 | 6:57 am
Trafigura’s top China iron ore traders leave group The departures came after global prices of the key steel-making ingredient tumbled almost 40%. Reuters | September 6, 2024 | 6:45 am
Citi says US election risk to contain metals prices for now Uncertainty around the US presidential election in November will prevent meaningful gains for metals, the bank says. Bloomberg News | September 6, 2024 | 3:02 am
Gold price holds gain as rate cut hopes rise before US payrolls data Bullion rose 0.8% on Thursday following a report that showed US companies added the fewest jobs last month since the start of 2021. Bloomberg News | September 5, 2024 | 5:14 pm
Chinese lithium producers embrace hedging to manage volatility Several companies have unveiled their hedging exposure via lithium carbonate futures during the recent earnings season. Bloomberg News | September 5, 2024 | 10:20 am
Copper processing charges could fall further next year, says Cochilco Cochilco said it expects a deficit of 1.9 million tons of concentrates this year, pushing processing charges to $40 per ton this year. Reuters | September 5, 2024 | 9:41 am
Iron ore price sinks as steel group warns of ‘flash in a pan’ recovery Iron ore slumped to its lowest level since 2022 and traded near $90 a ton. Bloomberg News | September 5, 2024 | 9:26 am
Perpetua wins key federal decision for Stibnite Gold project, stock soars The Stibnite project is positioned to be one of the highest-grade open pit gold projects in the US. Staff Writer | September 5, 2024 | 8:29 am
Indonesia sees nickel price holding near current levels on new plants An additional 928,000 tons a year of capacity is set to come online within the next three years. Bloomberg News | September 5, 2024 | 7:54 am