Base Metals News

Apparent aluminum deficit drives up spot prices against longer dates
October 20, 2020
Shortages of aluminum for financing deals have significantly boosted prices of metal that can be bought for spot delivery or on physical markets against those…...

Aluminum Prices Surge as Chinese Demand Accelerates
October 20, 2020
Stockpiles of the metal have been declining as the Chinese economy has roared back to life Aluminum prices are hovering around 18-month highs as investors…...

Copper steady, waiting for outcome of U.S. stimulus talks
October 20, 2020
* Surging coronavirus infections in Europe a worry * Concerns about wider disrutions in China support copper (Recasts, adds comment and London dateline) Copper prices…...

Copper concentrate production hits record high in H1
October 20, 2020
Production of copper concentrate in Iran stood at 599,624 tons during the first half of the current Iranian calendar year (March 20-September 21). Copper concentrate…...

Copper to target the 7000.00 mark on a clearance of September high at 6877.50 – Commerzbank
October 20, 2020
Copper (LME) still targets the 6877.50 September high, a rise above which would target the 7000.00 mark, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank,…...

Nickel export squeeze could lead to some more upside
October 20, 2020
Issues due to the COVID-19 pandemic are set to hit nickel exports from Indonesia. It has been said exports are expected to decline by 7.4%…...

Mining giant cites Tesla’s battery efforts as a sign of nickel’s potential in the clean energy sector
October 16, 2020
During the Diggers and Dealers forum in Kalgoorlie, Australia on Tuesday, Eduard Haegel, the asset president for BHP’s Nickle West subsidiary, stated that calls from…...

The Copper/Gold Ratio Could Change The Macro
October 16, 2020
The Copper/Gold ratio is saying something. That something is that a cyclical, pro-inflation and thus pro-economic reflation metal shown earlier, remaining nominally positive on a…...

Robust demand prospects propel aluminium to 17-month peak
October 16, 2020
* Aluminium stocks in Shanghai have halved since March * LME copper stocks rise, weighing on prices (Updates with official prices) LONDON, Oct 16 (Reuters)…...

Base metals 2021 negotiations start in virtual ‘mating season’
October 16, 2020
With a virtual LME Week starting on Monday October 19, the base metals market is starting to focus on negotiating 2021 contracts. Here, read about…...

Copper extends gains on China demand hopes, supply risks
October 16, 2020
Copper prices rose on Friday as hopes of strong demand in top metals consumer China and risks of supply disruptions outweighed concerns that a resurgence…...

Copper rises as robust demand trumps worries about virus
October 15, 2020
Copper prices rebounded on Thursday as strong demand in top consumer China overcame concerns that rising COVID-19 cases around the world will dampen global growth.…...

Developing Markets Heap Greater Importance on Nickel Production
October 15, 2020
Nickel is a crucial element used for several applications such as manufacturing nickel steels, electroplating and superalloys. Overall, the increasing rate of industrialization coupled with…...

Aluminum Shines As China Demand Leads The Way
October 14, 2020
If you were an investor fixated on gold or copper this week and witnessing returns in the red or just flat, there’s another metal you…...

Pricing Notice: Update on low-carbon aluminium pricing
October 14, 2020
Fastmarkets is updating market participants on its initiative to price the physical low-carbon aluminium market. Due to feedback received already, Fastmarkets has narrowed down the…...

The Lesson From The Copper Market
October 14, 2020
Summary A sudden increase in visible LME copper stocks in late September. A vicious selloff in the copper market. China owns the LME. Tampering with…...

Three-month LME aluminium ended lower at US$1,853/t; SHFE aluminium rose 0.9%
October 14, 2020
Three-month LME aluminium hit the highest in more than one year at US$1,858.5 per tonne earlier in the session, ending 0.16% lower at US$1,853 per…...

Copper: Bullish outlook while above $6226 – Credit Suisse
October 14, 2020
Copper (LME) still maintains its bull “flag” and strategists at Credit Suisse stay bullish with the next target at $6875 and then the 2018 high…...

Chinese zinc arbitrage window opens; Indian lead premiums up
October 14, 2020
The Shanghai zinc premium was unchanged in the week to Tuesday October 13 despite rising arbitrage opportunities, while spot interest for both European zinc ingots…...

Aluminium: Facing turbulence with resilience
October 14, 2020
The aluminium market has faced the recent macro turbulence with some resilience and LME 3M prices rallied above US$1,850/tonne this week. Major uncertainties around some key…...

Copper drifts higher on Chile labour talks, U.S. stimulus hopes
October 14, 2020
Copper gained on Wednesday as investors gauged potential threats to supply from Chile, while pricing in more U.S. stimulus spending after the election and steady…...

LME copper price falls despite 12kt fresh cancellation; tin holds gains
October 13, 2020
The three-month copper price on the London Metal Exchange softened toward the $6,700-per-tonne support level during morning trading on Tuesday October 13, despite another fresh…...

TSX falls as materials sector drags on weaker bullion, copper prices
October 13, 2020
Canada’s main stock index fell on Tuesday after a long weekend, dragged by materials sector that shed 2.2% on weaker bullion and copper prices. *…...

Peru copper output slips back 10% in August; zinc, tin production up
October 8, 2020
Peruvian copper production volumes fell back into decline in August due to lower output from Southern Peru Copper Corp and Antamina, but the country continued…...

LME aluminium declines marginally by 0.54% to stand at US$ 1745.5 per tonne
October 8, 2020
Benchmark aluminium price on London Metal Exchange dropped 0.54 per cent to US$ 1745.5 per tonne on Wednesday, October 7, from US$ 1755 per tonne on…...

LME nickel price rises 1.5%
October 8, 2020
The three-month nickel price on the London Metal Exchange was the standout performer during morning trading on Thursday October 8, with hopes of an impending…...

California Sees Zinc As Likely Successor To Lithium-Ion In Energy Storage
October 6, 2020
California is betting that zinc batteries can be better, cheaper and safer than lithium-ion. GETTY California officials expect zinc energy-storage technologies to help the state…...

US aluminium plates, sheets and bars exports to Canada hike 47% M-o-M in July
October 6, 2020
According to the US Geological Survey data, the United States in July 2020 exported 26,600 tonnes of aluminium plates, sheets and bars to Canada. In…...

Base Metals And Industrial Commodities – Third Quarter 2020 Review
October 6, 2020
Summary Base metals rose 8.95% in Q3. Zinc – The leader of the nonferrous metals on the upside. All base metals post gains – Double-digit…...

LME aluminium rose 2.14% to close Monday’s trading at US$ 1741.5 per tonne
October 6, 2020
Benchmark aluminium price on London Metal Exchange rose 2.14 per cent to US$ 1741.5 per tonne on Monday, October 5, from US$ 1705 per tonne on…...

Nickel forecasting fraught with danger
October 6, 2020
Forecasting the nickel price would seem a mug’s game at the best of times let alone in the current era of uncertainty featuring the impact…...

Nickel supply to drop by 2025 – Macquarie
October 6, 2020
Global financial services provider Macquarie Group has called for investment into the nickel sector, despite an anticipated oversupply in the near-term. Speaking at the Paydirt…...

Will copper find near term sellers?
October 5, 2020
Copper fell in September for the first time in 5 months. You can see the recent strength in Copper in the chart below. Check out…...

Copper sellers on pullbacks?
October 5, 2020
Copper prices took a tumble last week as Copper took its first monthly decline in 5 months. Rising COVID-19 cases and falling expected global demand…...

WBMS Metals Balances Signalled Surplus Nickel Market
October 5, 2020
The world apparent demand for nickel has dropped by 109kt year-on-year. The world nickel market ended in surplus during the initial seven-month period of the…...

US aluminium prices are sliding anticipating tariff exemptions for UAE & Bahrain
October 2, 2020
Aluminium prices for US consumers, especially from the transport, construction, and packaging industries, are decreasing as the market is anticipating tariff exemptions for producers in…...

WBMS Metals Balances Indicates Deficit Copper Market Until July
October 2, 2020
The world copper mine production during January to July this year totalled 11.74 million tonnes, higher by 0.1% when compared with the year-ago period. The…...

Silver and Copper Prices Gained in the Quarter. That’s a Bullish Sign for the Economy.
October 2, 2020
Industrial metals posted gains in the third quarter, with silver up sharply and copper touching its highest prices in over two years, suggesting that the…...

The Dollar And Copper Demand – VanEck
October 1, 2020
Summary To me, right now, the most important trend, a macro trend, is where the dollar’s headed. The dollar’s fallen about 10% from its March…...

Copper price in biggest drop since height of pandemic
October 1, 2020
The copper price rally came to an abrupt halt on Thursday with the bellwether metal experiencing one of the worst one-day price drops on record.…...

LME copper price hammered lower as stocks increase
October 1, 2020
HIGHLIGHTS LME stocks up over 90,000 mt in a matter of days EV story has helped recent bull run Chinese buying remains key ballast The…...

Copper edges to one-week high on stimulus hopes and China
October 1, 2020
Copper prices edged to their highest in a week on Thursday as optimism over China’s recovery and hopes for a fresh inflow of U.S. stimulus…...

Nickel Monthly News For The Month Of September 2020
October 1, 2020
Summary Nickel spot prices were slightly lower in September, and the LME inventory was slightly lower than last month. Nickel market news – Battery metals…...

Nickel ore rally continues, sulfate dips
September 30, 2020
China nickel ore prices continued their ascent in the week to Tuesday September 29 – outstripping other regional prices – while United States briquette premiums…...

Copper Rises After Upbeat Chinese Economic Data
September 30, 2020
Copper prices climbed Wednesday, advancing back toward a multiyear high hit in mid-September after data showed China’s economic recovery is gathering momentum. Most actively traded…...

US primary aluminium output stands at 82,000 tonnes in July 2020
September 29, 2020
According to the latest report from the US Geological Survey, US domestic primary aluminium production was 82,000 tonnes in July 2020. The average daily production stood…...

World Zinc Ores and Concentrates Market Report 2020
September 29, 2020
This report has been designed to provide a detailed study of the global zinc ore market. It covers the most recent data sets of quantitative…...

LME aluminium price grew significantly by $28.5/t to $1737/t; SHFE price extended hike to $2113/t
September 29, 2020
The dollar pulled back from a two-month high against a basket of currencies on Monday, September 28, as equities rallied after four straight weeks of declines ahead…...

Copper prices edge up, but steady U.S. dollar caps gains
September 29, 2020
Copper prices advanced on Tuesday, though gains were capped as a steady U.S. dollar made greenback-priced metals less attractive to holders of other currencies. Three-month…...

Copper prices under pressure from inventories and dollar
September 29, 2020
Copper eased on Tuesday as inventories in London Metal Exchange registered warehouses jumped and the dollar’s recent gains weighed on prices as the market waited…...

LME base metals prices consolidate; copper gets fresh 34kt inflow
September 29, 2020
Three-month base metals prices on the London Metal Exchange were predominantly lower during morning trading on Tuesday September 29, with a fresh inflow of more…...

Copper to fall towards the 6226 August low – Commerzbank
September 29, 2020
Copper (LME) formed a top at 6877.50 and is set to slide further towards the August low at 6226.00, according to the Technical Analysis Research…...

Copper gains capped by long-term prospects, higher stocks
September 28, 2020
* Premium for cash over 3-month copper contract now a discount * Eyes on surveys of China’s manufacturing sector (Updates with official prices) Copper prices…...

Nickel Export Up in July
September 28, 2020
According to the RF Federal Customs Service, during January-July 2020 Russia exported 1.4 mn tons of unwrought aluminum, down 26.5% year-on-year. In terms of value,…...

China nickel sulfate price dips; nickel ore market continues to strengthen
September 28, 2020
The price of nickel sulfate in China edged down slightly in the week to Friday September 25, while the rally in nickel ore continued. Fastmarkets…...

Heavy metals look set to falter
September 25, 2020
After many months of gaining industrial metals we are starting to see some falls. This is due to the rising COVID-19 cases which is starting…...

Why the copper market is vulnerable to sellers
September 25, 2020
Industrial metals had been gaining for many months. However, new we are starting to see some falls. The reason for the falls is because of…...

Copper steadies as market waits for cues from data
September 25, 2020
Higher dollar triggers profit-taking on long copper Premium for cash over 3-month copper contract narrows (Updates with official prices) LONDON, Sept 25 (Reuters) – Copper…...

European producers welcome EU provisional duties on China aluminium
September 24, 2020
European aluminium producers on Thursday welcomed a decision by the European Commission to impose provisional anti-dumping duties of up to 48% on aluminium extrusions from…...

LME Criticized For Planned Launch of Low Carbon Aluminum Platform
September 23, 2020
Various metal industry sources said that the London Metal Exchange (LME) need not have to introduce a separate platform to trade low carbon aluminum. Earlier…...

Copper, a Potential Casualty of Further Dollar Strength
September 23, 2020
Copper’s impressive recovery from the March low, has paused on a combination of slowing momentum and signs of weakening fundamentals. The steep uptrend from the…...

LME’s new initiatives will help market find answers to low-carbon aluminium pricing
September 23, 2020
The London Metal Exchange’s new package of sustainability proposals should aid the discovery process of low-carbon aluminium pricing, chief executive officer Matthew Chamberlain said. Speaking…...

Metal industry sees no need for LME green aluminium platform
September 22, 2020
The London Metal Exchange does not need a separate platform to trade low carbon aluminium and should focus instead on services its users need more…...

Significant demand from China to boost Zinc prices
September 22, 2020
Zinc, the galvanizing metal, surged over 7 per cent and 5 per cent on the LME and MCX respectively since August’20 as the recovery narrative…...

China’s rising demand for copper becomes driving force for global copper industry
September 22, 2020
Global copper prices have reached a two-year record high in part thanks to the speedy recovery of China’s economy in the post pandemic era. Industry…...

Nickel market – is a boom or bust ahead of us?
September 21, 2020
Volatility in the gold market continues. I’m not sure when it will end. With the gold market moving mostly sideways, base metals have been on…...

Rapid Chinese economic recovery will drive physical nickel demand, prices – Citi
September 21, 2020
Bearish supply fundamentals and a high London Metal Exchange three-month price continue to spark debate in the nickel market, but while Citi maintains that the…...

Copper pulls back from two-year peak on resurgent coronavirus
September 21, 2020
Copper prices eased back on Monday from their highest in more than two years as COVID-19 cases surged, threatening to curb economic activity and metals…...

China nickel ore prices continue to rally on tight supply, bullish sentiment
September 21, 2020
Nickel ore prices in China maintained their upward momentum in the week ended Friday September 18, driven by tight supply and bullish sentiment ahead of…...

Copper hits two-year peak on speculative buying and China hopes
September 18, 2020
Copper touched its highest in more than two years on Friday as speculators extended their buying spree on a recovery in top metals consumer China…...

Tesla’s ‘giant contract’ promise boosted Nickel’s rally
September 18, 2020
Battery day on September 22 where Elon Musk is said to be unveiling many exciting things at its battery day on September 22. Speculation galore…...

Green Metals See A Boost on COVID-19 Response
September 17, 2020
Unprecedented stimulus has led some countries to focus on a green recovery with more renewables and lower emission vehicles. One policy response to the COVID-19 pandemic has…...

6 Months Of Gains In Copper Could Continue
September 16, 2020
Summary Copper has been a bullish beast since March. Inventories are dropping as production issues and Chinese demand empty warehouses. FCX has exploded higher since…...

Rising Chinese demand pushes zinc towards 16-month high
September 16, 2020
Zinc prices on Wednesday pushed towards the 16-month highs hit earlier this month as resurgent Chinese industry bolstered the outlook for demand and the yuan…...

Copper prices near 2-year high as Chinese factory output accelerates
September 15, 2020
Benchmark copper on the London Metal Exchange was down 0.2% at $6,783 a tonne at 0944 GMT but within striking distance of a 26-month high…...

LME aluminium price climbed up by US$2.5/t to stand at US$1749/t; SHFE increased to US$2146/t
September 15, 2020
The US dollar slipped on Monday, September 14, against its major peers, dropping to a two-week low versus the yen, as positive news about a COVID-19…...

Aluminium ingot price hikes by RMB 30/t
September 15, 2020
SMM aluminium ingot price registered a hike of RMB 30 per tonne to stand at RMB 14610 per tonne on Tuesday, 15 September 2020. The price is…...

Three-month LME aluminium slid 0.17% to close at US$1,775/t; SHFE aluminium fell 0.94%
September 14, 2020
Three-month LME aluminium slid 0.17% to close at US$1,775 per tonne in choppy trading on Friday. It is likely to move between US$1,760-1,800 per tonne…...

Demand cheer helps copper hold near 26-month peak
September 14, 2020
Copper prices rose on Monday as strong demand in top consumer China, historically low inventories in London Metal Exchange approved warehouses and a lower dollar…...

LME zinc price climbs 2.3% in morning surge; fresh cancellation sees copper pass $6,700/t
September 11, 2020
The three-month zinc price on the LME was the standout performer during morning trading on Friday September 11, while an 11,500-tonne fresh cancellation pushed LME…...

$Aluminium producers’ race to go green may fracture market$

Aluminium producers’ race to go green may fracture market
September 11, 2020
Tesla is ordering giant aluminium casting presses for its assembly line in Germany. The “Gigapress” is the size of a small house and will replace…...

Primary aluminium inventories in China stood 3,000 tonnes higher at 764,000 tonnes this week
September 10, 2020
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased this week. Inventories stood…...

Copper withers on doubts about further gains, ECG stimulus
September 10, 2020
Copper prices slipped on Thursday as investors questioned whether its recent rally was exaggerated and were cautious ahead of a news conference by the European…...

Copper edges higher as China recovery stays the course
September 9, 2020
The metal has gained about 50% since March and is the best performer this year among base metals. Copper rose on Wednesday as Chinese producer…...

GLOBAL ALUMINIUM WRAP: European premiums continue to climb; US, Japanese markets flat
September 9, 2020
The recent uptrend in European aluminium premiums continued in the week to Tuesday September 8, while rates in Japan and the United States stagnated amid…...

China’s August zinc output hits record high in nearly five years, research says
September 9, 2020
China’s August refined zinc output rose 2.8 percent to 450,000 tonnes from last year, research house Antaike said on Wednesday, hitting a record monthly high…...

Zinc price to enter long term structural decline in 2021
September 8, 2020
Zinc prices will edge higher over the remainder of 2020, continuing a strong rebound from the lows posted during the initial covid-19 outbreak, according to Fitch…...

Japan aluminium buyers to pay 11% higher premiums in Q4
September 4, 2020
According to the latest Reuters update, the premium for aluminium shipments to Japanese buyers has been set at $88 per tonne for October-December. The premium…...

Copper Heads for Historic Squeeze With China’s Demand Red-Hot
September 3, 2020
BC-Copper-Heads-for-Historic-Squeeze-With-China’s-Demand-Red-Hot , Mark Burton and Libby Cherry (Bloomberg) — The global copper market could be on the cusp of a historic supply squeeze as Chines...

China’s aluminium billet inventories stood 4,000 tonnes higher at 60,200 tonnes
September 3, 2020
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased 4,000 tonnes from last week. Higher arrivals…...

Key takeaways from the latest Base Metals Market Tracker
August 26, 2020
These include an increase in our copper mine disruption estimates, upgrades to our production outlook for Indonesian nickel pig iron (NPI), a smaller refined zinc…...

UK secondary aluminium ingot prices surpass pre-pandemic levels
August 26, 2020
UK secondary aluminium prices continued to rise on Wednesday August 26, with a regional supply squeeze pushing LM24 ingot prices above the levels seen before…...

Zinc price outperforms, China steel demand a strong tailwind
August 25, 2020
LONDON (Reuters) – A tailwind for zinc demand from booming Chinese steel production has pushed prices of the galvanizing metal to their highest in more…...

New nickel price launched as attention shifts to green supply
August 25, 2020
Red not green: Basamuk Bay (Photo: Elisha Wesley Mizeu | Facebook) The price of nickel held onto nine-month highs on Tuesday as focus in the…...

Copper supported by low stocks and weaker dollar
August 25, 2020
Nickel prices hit highest since November 2019. Cash copper still at a premium to 3-month contract. LONDON: Copper prices steadied on Tuesday as uncertainty about…...

Chinese aluminium imports up more than sixfold in July
August 25, 2020
China’s imports of unwrought aluminium and aluminium products soared by more than sixfold on a year-on-year basis in July, while copper shipments also increased, but…...

Are You Positioned for a Copper Price Explosion?
August 24, 2020
Copper will be the next metal to break out in 2020, and it’s all about demand. The price of copper just broke through $3.00 per…...

Copper Prices Rise Above $3 Amid Growth Hopes
August 21, 2020
Copper rose above $3 a pound for the first time in more than two years on Wednesday, extending a recent rally driven by steady Chinese demand and…...

Positive economic outlook drives base metals higher
August 20, 2020
Base metals have been enjoying a fantastic rally in recent times, thanks to a combination of circumstances. Positive macroeconomic outlook, huge liquidity boost, weaker dollar…...

Copper price jumps to 2-year high
August 19, 2020
Copper prices rallied on Tuesday on the back of falling inventories, unprecedented Chinese economic stimulus and ongoing worries about pandemic-hit supply from top producer South America.…...

Iron ore prices jump to six-year high
August 18, 2020
Seaborne iron ore prices hit a six-year high today on tight port stocks of mid-grade ores and optimism about Chinese demand on fresh injection of…...

Copper gains for third session on Chinese recovery, weak dollar
August 18, 2020
LONDON — Copper prices gained on Tuesday for a third straight session, lifted by optimism over economic recovery in top metals consumer China and by…...

Nickel jumps to near 9-month peak Philippine supply worries
August 17, 2020
LONDON, Aug 17 (Reuters) – Nickel prices surged on Monday to the highest in nearly nine months on concern about supply from major producer the…...

China’s booming copper imports an echo of the last crisis
August 13, 2020
China’s imports of industrial metals are booming. Refined copper imports hit an all-time high of 494,000 tonnes in June and accelerated again in July with…...

Copper rises as stocks and oil rally, dollar slips
August 12, 2020
LONDON — Copper rose on Wednesday as stock markets rallied, oil prices climbed and the dollar weakened, though lackluster factory data in Europe fed concerns…...

Stainless surge revives nickel, but surplus still looms
August 12, 2020
Rapidly rising stainless steel production in top consumer China has helped to preserve demand and prices of key ingredient nickel, but analysts still expect a…...

Copper price snaps back as China imports soar 81%
August 11, 2020
Copper futures prices rebounded sharply on Monday on the back of a surge in Chinese imports of the metal widely used in industry and construction.…...

Iron Ore Price Rally Defies Coronavirus-Induced Recession
August 10, 2020
SYDNEY — Iron ore is behaving like a boom-time commodity in an economic recession, confounding many investors who had expected prices to buckle as global…...

China copper imports surge to record as arbitrage pulls in metal
August 7, 2020
China’s copper imports rose to a record for a second straight month in July, customs data showed on Friday, buoyed by favourable international prices that…...

Trump imposing new aluminum tariff, Canada readies countermeasures
August 7, 2020
OTTAWA — Canada is planning to retaliate with countermeasures after U.S. President Donald Trump announced his plans to impose a 10-per-cent tariff on Canadian aluminum…...

Copper edges lower as output from Chile, Peru rises
August 5, 2020
SINGAPORE — Copper prices declined on Wednesday, as rising production in top producing countries Chile and Peru pressures prices that rallied to multi-year highs last…...

Nickel Prices Spike After Tesla’s Conference Call
August 4, 2020
Nickel prices recently jumped after Tesla’s conference call. The trending EV market is creating more demand for the metal. Trends Expert Matthew Carr explains what…...

Copper ticks higher on strong China data, weak dollar
July 31, 2020
Copper prices recovered on Friday and were set for a fourth straight monthly gain, after strong factory activity in top metals consumer China raised hopes…...

Aerospace recovery will lead metals into new territory
July 30, 2020
The twin challenges of Covid-19 and climate change could subdue metals demand from the aerospace for years, but a recovery likely will bring with it…...

As Precious Metals Sizzle, Can Copper Break $3?
July 29, 2020
It took its peers on the precious side to help out, but copper could finally be on its way to shattering the $3 a lb ceiling that…...

Aluminum expects increase in demand for role in electric vehicles
July 28, 2020
A faster paced energy transition through a speedier shift to electric vehicles has created a new, substantial demand stream for aluminum and major opportunities for…...

Forget the gold price, copper was most profitable covid-19 trade
July 27, 2020
The gold price is approaching all-time highs above $1,900 an ounce. Investors are showering gold ETFs with money, which, if ever redeemed for physical bullion,…...

Future copper supply imperiled by project freeze at top producer
July 24, 2020
The pandemic is raising questions over the biggest copper producer’s ability to maintain output levels in the coming years and satisfy growing global demand. Like…...

Tesla offers “giant contract” to responsible nickel miners
July 23, 2020
Tesla (NASDAQ: TSLA) boss Elon Musk is calling miners to produce more nickel, a key ingredient in the batteries that power his company’s electric cars,…...

Copper price surges to two-year high
July 22, 2020
Copper futures prices rallied on Tuesday after the agreement of a massive economic stimulus plan in Europe, optimism about a covid-19 vaccine and ongoing worries…...

Iron ore price hits one-year high as governments turn to infrastructure projects to fuel economic recovery
July 21, 2020
The price of iron ore hit a one-year high of US$112 per tonne last week, underpinning the economic strength of a commodity that for years…...

Base Metals: Aluminum, copper futures ease on low demand
July 20, 2020
Base Metals: Aluminium prices on Monday softened by 0.18 per cent to Rs 136.50 per kg in futures trade as speculators cut bets amid subdued…...

Is it time to short copper? Metal hits 2-year high this week as analysts turn cautious
July 15, 2020
As many investors pile into copper futures amid an impressive rally, which saw prices hit two-year highs earlier this week, some analysts are now warning…...

Iron ore price jumps to year high as Chinese imports soar
July 15, 2020
Iron ore prices were hitting one-year highs on Tuesday as the economic recovery in China, where more than half the world’s steel is forged, surpasses…...

Copper jumps to 2-year high on strike worries at Chile mine
July 13, 2020
SINGAPORE, July 13 (Reuters) – Shanghai copper hit its highest in nearly 25 months on Monday, while London copper scaled a 24-month high, on supply…...

Copper is surging, but it doesn’t mean economy is booming
July 10, 2020
Copper prices are surging, and for once it’s not because the economy is booming. The metal – known colloquially as Dr. Copper because its performance is often…...

Silver, copper, zinc used to make plastic conductive, more transparent
July 9, 2020
Researchers at the University of Michigan have made plastic conductive while also making it more transparent by incorporating silver, copper, zinc and aluminium to sheets…...

Copper punches towards January peak, boosted by Chile fears
July 8, 2020
LONDON — Copper raced to its highest levels since January on Wednesday as speculators piled into the market, betting on further disruptions in top producer…...

Copper market to tighten further — BMO
July 7, 2020
Copper concentrate market looks to tighten further this year, according to BMO. “With [Chile] now having one of the worst COVID-19 infection rates in the world…...

Global zinc production poised for gains – report
July 6, 2020
Globally, mined zinc production will continue to ramp up over the coming years as elevated prices encourage miners to restart idled capacity and begin production…...

Helium and Copper to dominate in the 2020s
July 3, 2020
The high tech revolution and new economy are creating boundless new applications for two commodities that will dominate the 2020s: copper and helium, said Gianni…...

Moon richer in metals than previously thought — NASA
July 3, 2020
Plans to start mining the Moon as early as 2025 became more attractive this week after a US National Aeronautics and Space Administration (NASA) team found evidence that…...

Nickel Prices: Supply Surplus in 2020, But Well Poised for a Boom Over the Long-Run
June 30, 2020
Nickel prices are now coming under the lens of the global investing community with prices of near-term nickel on the London Metal Exchange surging from…...

Silver, copper prices mark an impressive recovery from March lows
June 26, 2020
Industrial metal prices have seen an impressive recovery in recent weeks. Silver has nearly erased its loss for the year, and copper is looking to…...

US to re-impose tariffs on Canadian aluminum imports
June 23, 2020
The Trump administration is set to re-impose tariffs on aluminum imports from Canada next week, a move that is likely to cause a political uproar…...