CME copper premium to LME attracting metal shipments to US

The talks included topics such as the potential for state-run Jiangxi Copper to gain influence on First Quantum's board decisions.

The United States continues to work with Zambia and Congo on mining and regulatory structures.

The company has been juggling four large investments at its aging operations after decades of underinvestment.

Thirteen major smelters proposed a reduction of 5% to 10% in planned output this year.

Production in February 2024 was 420,242 metric tons.

The plant will be the world’s largest single-location custom smelter for the industrial metal.

India will send two delegations next month to Chile to scout for lithium and copper resources.

IRH recently bought a 51% stake in Zambia's Mopani Copper Mines.

China's top copper smelters have proposed to cut production by 5% to 10%, according to Reuters.