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Exposure to spot TCs key to China smelters, Rio Tinto Copper CEO says | Hotter Commodities
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
April 18, 2024
·
By Andrea Hotter
Insights
Record low copper TCs hitting Chinese smelter competitiveness | Hotter Commodities
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
April 17, 2024
·
By Andrea Hotter
Insights
Codelco in talks for new copper smelter, chairman says | Hotter Commodities
State-owned miner Codelco is holding talks this week with potential investors in a new smelter project in Chile, the company’s chairman told Fastmarkets on Monday, April 15
April 17, 2024
·
By Andrea Hotter
Insights
Codelco to choose Maricunga lithium partner in Q1 2025, chairman says | Hotter Commodities
Codelco will make a choice on a partner for its lithium properties in the Maricunga salt flat in Chile’s Atacama region in the first quarter of 2025, the chairman of the state-owned producer said on Monday, April 15
April 16, 2024
·
By Andrea Hotter
Insights
More copper smelting reductions likely amid current TCs, Antofagasta CEO says | Hotter Commodities
More copper smelters are likely to reduce capacity amid record-low spot treatment and refining charges (TCs/RCs), the chief executive of Chile-based copper miner Antofagasta Minerals said
April 15, 2024
·
By Andrea Hotter
Insights
Refined copper moving into deficit in 2024, Antofagasta CEO says | Hotter Commodities
A small deficit is emerging in the refined copper market, reversing consensual expectations a year-ago for a relatively balanced market in 2024, according to the chief executive of Chile-based miner Antofagasta Minerals
April 15, 2024
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By Andrea Hotter
Insights
Antofagasta focused on copper growth in the Americas, its CEO says | Hotter Commodities
Antofagasta Minerals has secured two seats on the board of Peruvian miner Buenaventura and continues to focus on growing in copper in the Americas, the Chile-based miner’s CEO Iván Arriagada told Fastmarkets in a recent interview
April 15, 2024
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By Andrea Hotter
Insights
Five key talking points ahead of CESCO Week 2024
Global copper market participants will descend upon the Chilean capital of Santiago for the annual CESCO Week industry gathering
April 15, 2024
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By Sally Zhang, Albert MacKenzie
Insights
US and UK restrict exchange trading of new Russian aluminium, copper and nickel
Metal exchanges will be prohibited from accepting these metals from Russia, said releases from the US and UK governments on Friday April 12
April 15, 2024
·
By Grace Asenov
Insights
Base metals miners continue to fight against inflationary pressures
The most recent financial results published by base metals mining companies highlight just how inflation is affecting profit margins, with increasing wages, financing costs and input prices all hitting profits, sources told Fastmarkets in the week to Thursday March 28
March 28, 2024
·
By Albert MacKenzie
Insights
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