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
Los Andes Copper weighs funding options for Chile project including sale The company was recently authorized to restart drilling at Vizcachitas after fulfilling conditions laid out by an environmental court. Bloomberg News | July 3, 2023 | 2:39 pm
ING sues legendary Chinese copper trader over $147 million debt Amount involves overdue payments owed by Triway International Ltd., a trading arm of Maike Metals International, founded by He Jinbi. Bloomberg News | July 3, 2023 | 5:20 am
Glencore offers to buy rest of PolyMet for $71m The move will give Glencore a direct ownership of NorthMet, poised to be Minnesota’s first copper-nickel mine. Cecilia Jamasmie | July 3, 2023 | 3:34 am
Zambia to pick investor in Mopani Copper Mines this month China’s Zijin Mining, Norinco Group, Sibanye Stillwater and an investment vehicle owned by ex-Glencore officials are shortlisted to buy Mopani. Bloomberg News | July 2, 2023 | 3:03 pm