LME Week: Codelco expects China’s copper demand to be resilient

China buys about half of Codelco's production and also accounts for about half of global copper consumption, which analysts estimate will be around 25 million tonnes this year.

Reuters | October 24, 2022 | 10:49 am

China’s billion-dollar cash-for-copper trade grinds to a halt

The Chinese copper market is at its tightest in more than a decade as traders pay massive premiums for immediate supplies.

Bloomberg News | October 24, 2022 | 9:13 am

Copper buyers want longer-term deals on supply concerns, Codelco says

The Chilean state-owned company recently signed some contracts for three to five years with customers in Europe, in contrast to the more standard annual deals.

Bloomberg News | October 24, 2022 | 9:02 am

Copper price down as China’s yuan falls to lowest since 2008

Analysts at JPMorgan still expect prices to fall in the short term.

MINING.COM Staff Writer | October 24, 2022 | 8:37 am

Copper tech firm Jetti raises funds at $2.5 billion value

Jetti tapped existing investors as well as new backers at a valuation that’s about double its last raise.

Bloomberg News | October 24, 2022 | 8:18 am

Chilean mines’ demand for clean energy solutions could be met by local businesses – report

Such demand could be met by local companies as long as they ramp up the production of green fuels and their manufacturing capabilities when it comes to electrifying mining fleets.

Staff Writer | October 23, 2022 | 6:36 am