Chairman of Chinese aluminum giant resigns after two years
The departure comes days after a unit of the company was reported by Bloomberg to have terminated contracts amid a government-led investigation into deals in the market.
"It would be rare to see an outright decline in demand, but I think that's what we are going to see in Europe over the next 3-6 months," Citi analyst says.
Research company slashes its 2023 copper price forecast and predicts a return to $10,000-plus levels only in 2027 as long term structural deficits emerge.
Investing in mineral-rich countries would be easier than building new mines in the US, said Benchmark Mineral Intelligence Executive Editor Henry Sanderson in an interview.