The copper market is going to have to live with the threat of Chinese state sales for the foreseeable future.

The ETCs will use Blockchain technology for transparency and security of the metals backing them.

Beijing confirmed the release of state reserves for the first time in a decade to cool metals markets. Here is what analysts know about the sale.

The senate’s mining and energy committee will hold weekly hearings on the proposed royalty through mid July.

Beijing confirmed the release of state reserves for the first time in a decade to cool metals markets, but copper prices rose more than 1% on the news.

It allows the company to boost throughput by 20% to 3,600 tonnes/day at its flagship Yauricocha copper mine.

Notice came as Beijing struggles to cool a surge in metal prices this year fuelled by a post-pandemic economic recovery, ample global liquidity and speculative buying that has dented manufacturers’ margins.