While oil prices hog the headlines and gas only gets a mention when winter rolls around, a far more important metal has been quietly flying under the radar – copper. Once we look at the bigger picture, the scale of copper demand becomes hard to ignore. And yet it is copper, right now, that will decide how the whole “green …
Continue ReadingPlatinum touched $2,920 an ounce in January, a record that erased a 17-year-old high. Nine months later it’s trading near $1,700, and the reversal says more about how fast speculative money can leave a thin metals market than it does about any mine running out of ore. On January 26, platinum futures hit $2,925 an ounce, smashing the old 2008 …
Continue ReadingIndia and Ecuador are discussing increasing sales of Ecuadorean crude oil, copper, and other critical minerals to India, Fernando Buchelli, the Ecuadorean ambassador to India, told Indian news outlet Mint in an interview published on Tuesday. Ecuador plans to invite Indian companies to invest in its oil and minerals sector, while the South American country seeks to buy medical products …
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