Copper price: Global stocks are down to three days’ consumption
October 2021’s copper squeeze sent the bellwether metal into record territory – now warehouses again only have enough metal to last a long weekend.
October 2021’s copper squeeze sent the bellwether metal into record territory – now warehouses again only have enough metal to last a long weekend.
“Aluminum markets are facing a melt-up in prices this year, driven by simultaneous deficits in both China and ex-China drawing on already low stock of inventory,” Goldman analysts say.
As the world slowly moves away from fossil fuels, here are eight juniors on the hunt for what may be this century’s greenest metal.
Global production hit 170,000 tonnes last year, up 20% over 2020, according to preliminary data released by the USGS.
The Treasury announced the tax in 2020, giving miners two years to prepare before its planned introduction early this year.
BHP unveiled the world's first liquefied natural gas-fuelled bulk carrier vessel in Singapore, one of five the mining giant will take delivery of in 2022 as part of efforts to cut supply chain emissions.
It would be reasonable to assume that the issues raised are not limited to just Rio, writes Clyde Russell.
Researchers analyzed the portfolio risk characteristics and spillovers of precious metals commodities and equity markets across continents.
Such divergence is highly unusual but reflects the equally unusual combination of pandemic recovery and supply-side constraints, writes Andy Home.
The number of inactive smelters fell to the lowest level since February 2018.