Copper short squeeze in New York is rocking metals markets
A massive dislocation between the prices for copper traded in New York and other commodity exchanges has rocked the global market.
A massive dislocation between the prices for copper traded in New York and other commodity exchanges has rocked the global market.
The measure was taken after pro-independence protests left at least three dead and disrupted nickel production.
Manara Minerals has hired veteran dealmaker Pierre Chenard to be its first permanent chief executive officer.
Critical minerals consultant argues Western countries need duties on all minerals produced by Chinese-linked entities.
Special licence is part of a wider deal that will see state-owned holding MIND ID become PT Vale’s largest shareholder, with 34% ownership.
Production at the new plant was expected to begin around the end of 2025, representing a $290 million investment.
Winners will proceed to the provincial level where they vie for the coveted gold hardhats.
CMOC said in March that its Tenke and Kisanfu projects in Congo will produce more than 60,000 tons of cobalt this year.
The company is looking to increase its copper production to 150,000 tons a year by 2028 from around 30,000 tons in 2023.
Anglo plans to focus on copper while spinning out or selling its less profitable diamond, platinum, coal and nickel businesses.