Base metals analysts turn cautious after stellar rally

“We are not very optimistic about copper prices,” said the head of copper trading at Shanghai Wooray Metals.

PT Amman Mineral climbed as much as 2.5% to a record high after MSCI announced it will be added to its global standard indexes.

Falling TC/RCs are due to expectations of tight concentrate supplies and new processing capacity.

China imposed restrictions on exports of the metals used in high-tech electronics from August.

Ruling paves the way for American Lithium to open the Falchani mine, Peru’s first lithium operation, in 2027.

Maike Metals was until recently responsible for more than a quarter of China’s copper imports.

How First Quantum’s $10 billion copper mine went from promised economic boom to cause of mass popular unrest is a story peculiar to Panama but one that has a moral for the global mining industry.

The drivers stopped shipping the green-energy metals from the mining hub of Kolwezi around the end of October.

The news about the Caribou mine came in the form of a news release from Canadian Copper, which is advancing the early-stage Murray Brook West property nearby.