VIDEO: Macquarie’s Colin Hamilton on outlook for nickel, copper

With the 2015 Mining Indaba in full swing, Metal Bulletin caught up with Colin Hamilton, head of global commodity research at Macquarie Group.

{BrightcoveVideo}

With the 2015 Investing in African Mining Indaba in full swing, Metal Bulletin caught up with Colin Hamilton, head of global commodity research at Macquarie Group.

We wanted to know why nickel has been such a confusing market over the past year and why prices now hinge on the roles of Indonesia and the Phillippines.

He also had some views on the much talked about copper surplus, or more recently, the lack of it.

Janie Davies
jdavies@metalbulletin.com
Twitter: @janiedavies_mb

What to read next
Brazil's aluminium industry is further enhancing its sustainability by boosting renewable energy use and recycling, while mitigating risk from high-carbon imports
German copper producer Aurubis is among the least likely to consider reducing capacity despite record low treatment charges (TCs), according to its chief executive officer
European copper demand, particularly for wire rod, remains strong and seems to be outpacing broader macro-economic growth in the region, the chief executive officer of German producer Aurubis has said.
The process to place the smaller and less efficient of the two processing plants at Los Bronces on care and maintenance is expected to be completed by mid-2024 and comes as the company pushes value over volume, the chief executive officer of Anglo American Chile said
The near-term prospects for Chinese copper smelting capacity amid near-zero treatment charges (TCs) will, to a certain extent, depend on plants’ exposure to spot TCs, the chief executive officer of Rio Tinto’s copper division said on Tuesday, April 16
It will be very difficult for many Chinese copper smelters to compete with treatment and refining charges (TC/RCs) at record lows, according to the chairman of Chile’s state-owned copper producer Codelco