Video: Another wild ride for copper in 2025
MINING.COM's Frik Els says 2025 is already shaping up to be another wild ride for the red metal.
One of the world’s largest copper and silver producers has signed a contract worth nearly $US 700 million for the sale of copper cathodes.
Polish company KGHM said Monday it will sell $692,092,994 worth of copper cathodes to MKM Mansfelder Kupfer und Messing GmbH of Germany in 2011.
MKM, which stands for Mansfield Copper and Brass, is a leading European manufacturer of preliminary and semi-finished copper products and copper alloys. KGHM is the world’s seventh-largest producer of copper and the second-largest silver producer.