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Mitsui is to sell all of its 22.63% stake in Chile’s Caserones copper mine, after posting a capital loss of more than ¥7 billion ($67.5 million), the Japanese company said on Monday November 9.
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Monday November 9, after markets reacted positively to Joe Biden winning the US presidential election and the resulting weaker dollar.
Imports of unwrought copper and copper products to China rose significantly in the first 10 months of this year, according to customs data released on Saturday November 7.
Fastmarkets has corrected its zinc bonded stocks assessment, which was published incorrectly on Friday October 30 due to an input error.
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