Just as Aurubis and Codelco aim to grab market share in Europe by replacing Russian metal, they risk losing market share in Asia if large amounts of Russian copper are displaced from the European market.

Contract agreement includes wage increases, bonuses and various benefits.

Project's initial expansion is expected to add 10,000 tonnes of low-carbon nickel and 13,000 tonnes of copper production per year.

New research reveals demand for copper in the wire harness in light duty vehicles will grow to over 1.7 million annual tonnes by 2025.

More than 60% of the copper stored in London Metal Exchange (LME) warehouses at the end of September was produced in Russia.

Nexa's chief executive says the European situation is opening opportunities to expand zinc sales in the continent at higher prices.

The premiums set by Codelco for physical delivery of copper are seen as a benchmark for global contracts.

MMG said armed forces entered its Nambulwa mining lease on Sept. 16 claiming Gecamines had signed a research contract for it.