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Repeated copper output cuts at Teck heighten global supply pressures
Teck Resources has again reduced its copper output forecasts through 2028 as production challenges persist at its Quebrada Blanca mine in Chile, reflecting a broader slowdown across the global copper industry. The company’s revised targets underline tightening supply conditions for the red metal.
October 10, 2025
·
By Felix Njini
Insights
Delayed publication of copper concentrates indices and coefficients
The publication of several Fastmarkets copper concentrates indices and coefficients was delayed by 53 minutes on Friday October 3 because of a reporter error. Fastmarkets’ pricing database has been updated. The affected prices were:MB-CU-0508 Copper concentrates TC implied smelters purchase, $/tonneMB-CU-0509 Copper concentrates TC implied traders purchase, $/tonneMB-CU-0510 Copper concentrates RC implied smelters purchase, US cents per lbMB-CU-0511 Copper […]
October 3, 2025
·
By Fastmarkets pricing team
Insights
Douglas Booth joins Vitol as head of copper concentrates in third senior appointment of 2025
Vitol is expanding its presence in copper trading with senior hires and a cautious, long-term strategy. The move highlights the growing role of metals in energy traders’ portfolios as markets shift post-Ukraine conflict.
October 3, 2025
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By Julienne Raboca
Insights
Correction to rationale of copper concentrates TC index, cif Asia Pacific: pricing notice
Fastmarkets has corrected the rationale for its MB-CU-0287 copper concentrates TC index, cif Asia Pacific, which was published incorrectly on Friday September 26 due to an error in the approval process. The rationale for MB-CU-0287 copper concentrates TC index, cif Asia Pacific, had erroneously stated that a bid had been reported in negative territory at around the […]
September 29, 2025
·
Insights
Aurubis obtains 75,000 tpy Canadian copper concentrate from 2028
Aurubis has secured long-term access to 75,000 tonnes per year of copper-gold concentrate from Troilus Gold's Quebec project starting as early as 2028, as the German smelter responds to what it describes as an "increasingly constrained" market for clean copper concentrate.
September 4, 2025
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By Julienne Raboca
Insights
Copper shortage is forcing faster aluminium adoption, Norsk Hydro says
Cost and availability concerns around copper have accelerated aluminium substitution in heating, ventilation, and air conditioning (HVAC) systems, with aluminium now used in an estimated 40% of global units, Lionel Chapis, Norsk Hydro’s senior vice president of Hydro Precision Tubing, told Fastmarkets in an exclusive interview on Tuesday August 26.
September 3, 2025
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By Julienne Raboca, Sayaka Kurata
Insights
US 50% tariffs on Brazil exclude pulp, refined copper, scrap but hit tallow and beef
Key takeaways: US 50% tariffs on Brazil exclude pulp, other major exporting sectors US President Donald Trump has signed an executive order implementing an additional 40% tariff on Brazil, raising the total tariff to 50%, the White House said in a statement published on Wednesday July 30. The new tariffs will take effect in seven […]
July 31, 2025
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By Jorge Barbosa, Sandy Oliveira, Marina Faleiros, Marcela Caetano, Leticia Pakulski, Taís Laporta, Gabriel Nascimento, Rae Boyadjis, Amy Hinton, Carman Chew
Insights
‘Probably miscalculated’ assumptions at Kakula mine force Ivanhoe to overhaul entire Kamoa-Kakula complex: CEO
'Probably miscalculated’ assumptions at Kakula mine force Ivanhoe to overhaul entire Kamoa-Kakula complex, explains CEO Marna Cloete.
June 27, 2025
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By the Fastmarkets team, Julienne Raboca
Insights
Vale Base Metals aiming to join top-five in copper, nickel production – CEO Shaun Usmar says
Vale Base Metals plans to boost annual copper production to 700,000 tonnes by 2035, aiming to become a top-five global producer of nickel and copper. CEO Shaun Usmar highlights a focus on productivity, cost optimization and sustainable growth. With strong assets in Canada and Brazil, Vale is well-positioned to meet rising global demand.
June 12, 2025
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By James McKeigue
Insights
Goldcorp founder Rob McEwen bets big on Argentine copper
Goldcorp founder Rob McEwen is back in the spotlight with a bold bet on copper in Argentina. The $2.5 billion Los Azules project, set to become Argentina’s first major copper mine in over 30 years, is reshaping the country’s mining industry while raising sustainability standards. Positioned as a key player in addressing a global copper shortage, the project highlights innovation, persistence and a commitment to meeting the growing demand from global electrification.
June 3, 2025
·
By James McKeigue
Insights
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