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Freeport says it’s on track to restart Indonesia copper mine after deadly mudslide
The company has already restarted two unaffected areas of the mine since the incident in September Freeport-McMoRan is making progress on…
Tag
copper
Business
BHP is stuck on the sidelines of copper M&A frenzy it started
Glencore has a market capitalisation of about US$73 billion while Rio is valued at US$138 billion BHP Group’s bold bid to buy rival Anglo…
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China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the…
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China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the…
Business
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers…
Business
Copper hits record in China, jumps in New York on supply concern
COPPER surged to a record in Shanghai and rallied in New York, adding to substantial annual gains as investors bet on tighter global…
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The world needs a lot more copper. But will there be enough supply?
The market has been hit by a slew of mine outages this year, from Chile to Indonesia COPPER is one of the world’s most ubiquitous metals,…
News
Australia launches A$600 million rescue of Glencore copper smelter
Globally, copper smelters face challenges from a shortage of concentrate and overcapacity in China Australia announced a A$600 million…
Business
BHP sharpens Asia focus; bets on copper, potash over rare earths
Asia’s demand resilience underscores the mining giant’s commitment to the region BHP is doubling down on Asia as the centre of gravity for…
Business
Copper holds gain as production halt at Indonesia mine persists
The latest report signals there may be a prolonged suspension at the mine that could quickly tighten the market Copper held gains from the…
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China may need to trim record copper output on shortage of ore
China’s copper smelters could be at a turning point, as a persistent shortage of ore forces them to trim production from record levels,…
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BHP delays Jansen potash project as costs surge; logs record copper output
BHP Group flagged delays and cost overruns of about 30 per cent for its key Jansen Stage 1 potash project on Friday (Jul 18), even as the…
Business
Asian Market Struggle as Trump Expand Tariff War, Copper Hits Record High
Asian stock markets were weak in early trading Wednesday. Investors were still attempting to digest a fresh round of tariff threats from…
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China’s copper boom under threat as miners test bargaining power
The unrelenting expansion of Chinese copper processing capacity over the past few years has now become a global headache, as smelters…
Business
BHP partner says Filo copper discovery is largest in 30 years
Copper mines are getting harder and much more costly to develop, even as global demand for the metal is projected to increase given its…
Business
BHP sees recovery in steel and copper demand, logs lowest profit in six years
BHP sees signs of economic recovery in China and central bank rate cuts reviving demand for steel and copper but flagged risks to global…