An intensifying feud between shareholders of the Tenke Fungurume mine may lead a court-appointed administrator to block its exports of copper and cobalt. 

Over the coming years, Fitch forecasts high copper prices on the back of a bullish demand outlook as the economics of copper mining projects will become increasingly attractive to investors.

Benchmark London copper retreated on Friday and was on track for a fifth straight weekly loss on worries that fresh covid-19 restrictions could slow the pace of infrastructure projects.

The carmaker broke ground on a new cell factory in Salzgitter, Germany, one of five such facilities in Europe under its PowerCo unit.

Head of the IMF said the outlook for the global economy had "darkened significantly" since April.

Fears of a recession are currently generating a much broader investor exodus from the commodity sector, writes Andy Home.