Copper price rally continues with surge to highest in 22 monthsFutures on the London Metal Exchange have risen more than 12% so far this year.Bloomberg News | April 12, 2024 | 3:05 am
Zinc price trades near one-year high as market weighs supply risksPrices for the metal have rallied more than 13% over…Bloomberg News | April 11, 2024 | 8:34 pm
Global copper smelters less active after China’s planned output cutsAverage inactive capacity in China rose to 9% in March…Reuters | April 11, 2024 | 7:45 am
Foreign-backed nickel hub in Indonesia causing mass deforestation – report Climate Rights International says the Weda Bay Industrial Park operators have cut down more than 5,300 hectares of tropical forest. Reuters | January 17, 2024 | 5:31 pm
China’s CBC increases stake in Bolivia lithium mining The agreement provides for a further $90 million investment. Reuters | January 17, 2024 | 8:50 am
Iron ore futures retreat amid weak China data The benchmark February iron ore on the Singapore Exchange slid 2.6% to $125.95 a metric ton. Reuters | January 17, 2024 | 8:44 am
Rio Tinto sees stimulus boost in China to drive gradual recovery for iron ore demand While prices of iron ore closed 2023 about 20% higher, they’ve lost about 8% so far this year. Bloomberg News | January 16, 2024 | 4:20 pm
China cobalt buyers use global glut to challenge pricing A rapid expansion of cobalt mining in Democratic Republic of Congo and Indonesia has output racing ahead of demand. Bloomberg News | January 16, 2024 | 9:29 am
Australia sends biggest copper concentrate shipment to China since 2020 The exports raise hopes that China may be removing the ban imposed after Australian calls for an inquiry into the origin of covid-19. Reuters | January 16, 2024 | 8:13 am
Iron ore price drops as China central bank’s rate move defies expectation China's central bank left the medium-term policy rate unchanged on Monday. Reuters | January 15, 2024 | 7:07 am
LME CEO aims to have first contracts with Shanghai futures exchange in 2024 The specific contacts to be launched with ShFE were still under discussion. Reuters | January 15, 2024 | 6:51 am
Pilbara Minerals expands offtake deal with Ganfeng The miner will supply 310,000 tonnes of spodumene concentrate per annum over a period of three years to the end of 2026. Cecilia Jamasmie | January 15, 2024 | 5:29 am