Funds that specialize in metals have been more cautious than other speculators on the rally that sent copper prices to a 22-month peak this week.

Russian RCC and Chinese firms have avoided taxes and skirted the impact of sanctions by trading in new copper wire rod disguised as scrap.

Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny.

The $700 million facility will have an initial capacity of 90,000 metric tons per year.

The opportunity lies in massive piles of Russian metal already sitting in the LME global warehouse network.

Tin's 25% advance in 2024 puts it well ahead of more closely-watched commodities like copper or crude oil.

The southern African nation, which relies on hydropower for 85% of its electricity generation, is experiencing rolling blackouts amid an ongoing drought.

The company reiterated that it expects output in 2024 of between 670,000 and 710,000 tons.