LME Week: Codelco expects China’s copper demand to be resilient
China buys about half of Codelco's production and also accounts for about half of global copper consumption, which analysts estimate will be around 25 million tonnes this year.
China buys about half of Codelco's production and also accounts for about half of global copper consumption, which analysts estimate will be around 25 million tonnes this year.
Foreign-direct investments into Indonesia surged by the most on record, driven by the metals industry.
President Joe Biden last week doled out $2.8-billion to miners developing new US sources of lithium, nickel, copper, and other EV minerals.
Researchers are looking to decouple rare earths from magnet production.
Trading volumes have been sliding sharply since the nickel blow-out in March and there's lingering uncertainty as to the future of the exchange's iconic open outcry trading ring, writes Andy Home.
BHP CEO Mike Henry said the market will be in “a little bit oversupply” in the next few years, before tightening up toward the end of the decade.
Syrah plans to expand its Louisiana graphite anode plant fourfold after being selected for a $219.8 million grant.
Indonesia plans to ban the export of tin ingots to encourage investors to set up production facilities and develop its industries to process tin into other products at home.
New restrictions on battery sourcing and critical minerals, along with price caps and income caps, take effect on Jan. 1.
Albemarle and Piedmont are among the 20 manufacturing and processing companies winning US Energy Department grants.