Codelco is currently negotiating with fellow Chilean miner Sociedad Quimica y Minera (SQM) to create a lithium production partnership, the chairman of the state-owned copper producer told Fastmarkets

Codelco expects to begin to gradually increase its copper production following several years of declining output, with a roughly 30% rise from current levels expected by 2030, the chairman of Chile’s state-owned copper company told Fastmarkets

Fastmarkets is inviting feedback from the industry on the methodology for its audited non-ferrous price assessments and indices, as part of its announced annual methodology review process.

The spot copper markets in Europe and the United States were very quiet in the week to Tuesday October 3, with macroeconomic headwinds pressuring demand for the red metal in both regions

Spot trading in the copper concentrate market was inactive in the week to Friday September 29, with Chinese participants in holiday mode ahead of China’s weeklong break for the Mid-Autumn Festival and National Day (September 29-October 6)

Participants in Europe’s copper industry struck a pessimistic tone in conversations with Fastmarkets in the lead-up to LME Week, with sources saying that weak demand, high interest rates and a poor macro-economic environment were dampening the mood in the industry

European spot copper market participants noted challenging market conditions in the week to Tuesday, August 22, with financing costs and weak demand putting downward pressure on premiums

A number of sources have told Fastmarkets that there is already demand in Europe for copper with green credentials. Less clear, however, is whether the supply demand balance has created the need for premiums for green copper, and what the future holds for the material

Economic stimulus policies put in place by the government of China will be key to sustaining price rises among base metals in the coming quarters, Daria Efanova, head of research at UK-based services provider Sucden Financial, said during the company’s third-quarter metals webinar on Wednesday, August 2

Copper market participants in Europe have become increasingly interested in 'green' material, with some consumers focusing procurement on environmentally conscious copper