Aluminum price soars as China cancels tax incentive on exports

The export tax rebate was also removed for copper and lowered for some refined oil, solar, battery and non-metallic mineral products.

Bloomberg News | November 15, 2024 | 7:56 am

Soaring demand for copper will help drive mergers, BHP CEO says

Demand for copper, a key element in the energy transition, is set to rise by 70% to 100% by 2050, Mike Henry said.

Bloomberg News | November 14, 2024 | 3:09 pm

China’s copper buyers slash annual contracts with market in flux

For 2025, buyers in China will take less refined metal under yearly contracts than they did this year, including from producers like Chilean copper giant Codelco.

Bloomberg News | November 14, 2024 | 9:39 am

BHP set to detail copper growth plans on Chile roadshow, analysts say

The world's biggest listed miner will be hosting analysts and investors on a roadshow of its Escondida and Spence copper operations from Nov. 17-20.

Reuters | November 14, 2024 | 9:21 am

Harmony Gold names Beyers Nel new CEO amid copper pivot

Harmony Gold appointed Beyers Nel as chief executive officer.

Reuters | November 14, 2024 | 7:15 am

Antofagasta unveils South America’s first hydrogen train

Antofagasta is deploying the hydrogen-powered locomotive as part of efforts to reduce fossil fuel reliance and greenhouse gas emissions.

Cecilia Jamasmie | November 14, 2024 | 4:11 am

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.

MINING.COM Editor | November 14, 2024 | 1:00 am

Abitibi Metals boosts resource by 62% at B26 polymetallic deposit in Quebec

Indicated resources increased to 11.3 million tonnes from 6.9 Mt.

Staff Writer | November 13, 2024 | 4:28 pm

Citigroup cuts copper forecast on tariffs risk, China outlook

The bank has cut its short-term outlook for copper prices by 11% to $8,500 a ton over the next three months.

Bloomberg News | November 13, 2024 | 2:52 pm

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