China’s major copper smelters boost July output Refined copper cathode production by major Chinese smelters increased by 5.3% in July. Reuters | August 12, 2019 | 1:03 pm
EV sector will need 250% more copper by 2030 just for charging stations Scottish consultancy Wood Mackenzie estimates that there will be more than 20 million EV charging points by then. Cecilia Jamasmie | August 12, 2019 | 10:03 am
Codelco raises debt after saying it wouldn’t Codelco agreed to borrow $300 million and sold two bonds for a combined $180 million of funding last week. Bloomberg News | August 12, 2019 | 9:28 am
Mexican president says won’t cancel mining concessions, or grant new ones Mexico is the world's top silver producer and one of the largest producers of copper and gold. Reuters | August 12, 2019 | 9:07 am
Peruvian government suspends Southern’s construction licence for Tía María project Following a request to review the project, the Ministry of Mines temporarily suspended the licence. Valentina Ruiz Leotaud | August 10, 2019 | 1:39 pm
Rio Tinto’s Resolution copper project in Arizona moves a step closer The state has one of the few known major deposits of the metal, with the potential to meet around a quarter of US demand. Reuters | August 9, 2019 | 11:20 am
Zambia asks Glencore unit to rescind mine shaft closures Glencore subsidiary Mopani announced the shaft closures on Thursday in a move that an opposition leader said had led to 1,400 job losses. Reuters | August 9, 2019 | 10:43 am
China Molybdenum seeks opportunities to beef up battery metals business Cobalt, copper, nickel and lithium are expected to see increasing demand from the EV trade in the years ahead. Reuters | August 9, 2019 | 9:56 am
World’s No. 1 copper miner gets $300m from Canada The loan by Export Development Canada will help Codelco finance an ambitious overhaul of its aging mines. Cecilia Jamasmie | August 9, 2019 | 8:43 am
