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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
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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
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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
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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
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By Albert MacKenzie
Insights
Copper concentrate market participants lost amid ‘unstoppable’ declines in TC/RCs
Participants in the copper concentrates market are struggling to comprehend an “unstoppable” decline in treatment and refinement charges (TC/RCs), with every week bringing spot deals at fresh lows and rumors each “crazier” than the last, sources have told Fastmarkets
March 26, 2024
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By the Fastmarkets team, Sally Zhang, Albert MacKenzie
Insights
US aluminium, copper industries to receive $900 mln from Energy Department program to cut emissions
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
March 26, 2024
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By Yasemin Esmen
Insights
What lies behind the rapid decline in spot copper concentrates TC/RCs?
The recent decline in spot copper concentrates treatment and refining charges (TC/RCs) is startling, with Fastmarkets’ indices falling 38.87% month on month to a record low in February and still falling. But what lies behind the slump, and can anything be done to halt the slide? Fastmarkets investigates
March 12, 2024
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Insights
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