Chile copper production at main mines down in May Copper output from Escondida fell 21.5% to 83,900 metric tons. Reuters | July 5, 2023 | 2:08 pm
Codelco says 2023 copper production further hurt by heavy rains The total production for the year is set to be in the lower estimated range of 1.35-1.42 million metric tons. Reuters | July 5, 2023 | 10:24 am
McKinsey adds to warnings of clean energy metals shortages The number of the approximately 500 cobalt, copper, lithium and nickel mines operating today will need to increase by as much as 76%, it says. Bloomberg News | July 5, 2023 | 8:33 am
Zambia says deal with India’s Vedanta over disputed copper assets imminent A deal could help unlock funding to advance the Konkola Deep Mining Project, which holds one of the world's richest copper deposits. Reuters | July 5, 2023 | 8:17 am
Trafigura consortium to invest over $555m in Angola-Congo rail link Africa's biggest copper producer currently exports copper, cobalt and other metals in trucks via Tanzania or South Africa. Reuters | July 5, 2023 | 8:07 am
Global copper melting activity slows in June, despite China strength The Earth-i global dispersion index fell to 45.9 in June from 46.2 in May. Reuters | July 4, 2023 | 11:03 am
Sizing up: The oil market vs Top 10 metal markets combined The oil market is bigger than the 10 largest metal markets combined, with production value exceeding $2 trillion annually. Visual Capitalist - Elements | July 4, 2023 | 8:33 am
Column: Old economy drags base metals lower in first half of 2023 The LME index of base metals has sunk from a January high of 4,356 to 3,704. Reuters | July 4, 2023 | 8:13 am
Lotte Energy moves to become copper foil leader by 2028 The South Korean firm aims in the to grab a 30% share of the global market for copper foil, a key component in EV batteries. Staff Writer | July 4, 2023 | 3:53 am