Video: Another wild ride for copper in 2025
MINING.COM's Frik Els says 2025 is already shaping up to be another wild ride for the red metal.
At least four capesize cargoes of South African coal have been sold back to the original sellers by Chinese buyers during the past month and all are coming to Europe, said sources familiar with the deals.
The South African coal is being stockpiled in Amsterdam-Rotterdam-Antwerp and at power plants either for sale into Europe or to be burned at the main buyer’s own power plants.
