The Shanghai Futures Exchange copper price used in Fastmarkets’ base metals arbitrage calculation on Friday July 15 has been amended due to an unprecedented market change.
Producers are increasingly finding it hard to transport their copper and cobalt out of operation sites in the Democratic Republic of Congo (DRC), due to truckers choosing to stay away from the country’s border
A ruling by a court in the Democratic Republic of Congo (DRC) placing a temporary administrator in charge of China Molybdenum’s cobalt mine in the country could have significant implications for the cobalt hydroxide market, sources have told Fastmarkets
Codelco’s Chuquicamata copper smelting line in northern Chile will be closed for at least three months next year for a major facility upgrade, sources tell Fastmarkets
China’s largest privately owned copper smelter, Dongying Fangyuan, has filed for bankruptcy, kicking off a debt-restructuring process, multiple sources claimed to Fastmarkets.
Seven creditors have sued a Chinese warehousing and logistics firm to claim a loss of copper concentrate worth 1.073 billion yuan ($166 million), according to several court documents, the latest of which was released on June 23.
