Codelco to benefit from entry into lithium business, says Moody’s On Tuesday, Codelco CEO said that the company made progress in negotiating with local communities over lithium mining. Staff Writer | April 17, 2024 | 10:29 am
Specialist funds cautious on copper rally, says trader IXM 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. Reuters | April 17, 2024 | 9:48 am
Russia and China trade new copper disguised as scrap to skirt taxes, sanctions Russian RCC and Chinese firms have avoided taxes and skirted the impact of sanctions by trading in new copper wire rod disguised as scrap. Reuters | April 17, 2024 | 8:25 am
Aging copper mines are turning into money pits despite demand Chile’s Chuquicamata is a cautionary tale for an industry beset by rising costs and heightened regulatory scrutiny. Bloomberg Opinion | April 17, 2024 | 8:08 am
Aurubis to grow organically rather than through deals, CEO says The $700 million facility will have an initial capacity of 90,000 metric tons per year. Reuters | April 17, 2024 | 6:58 am
Traders are already gaming the new Russian metal sanctions The opportunity lies in massive piles of Russian metal already sitting in the LME global warehouse network. Bloomberg News | April 17, 2024 | 6:06 am
Gold, copper-infused device quickly detects bacteria responsible for food poisoning The new gold-copper-infused device is expected to be a game-changer when it comes to the shipment of food and pharmaceutical products. Staff Writer | April 17, 2024 | 6:06 am
Short squeeze fears grip tin as LME says it’s watching market Tin's 25% advance in 2024 puts it well ahead of more closely-watched commodities like copper or crude oil. Bloomberg News | April 17, 2024 | 5:37 am
Zambia copper mines hit by state utility’s warning of power cuts The southern African nation, which relies on hydropower for 85% of its electricity generation, is experiencing rolling blackouts amid an ongoing drought. Bloomberg News | April 17, 2024 | 5:29 am
