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Copper scrap supply to remain tight in China: 2023 preview
Buying appetite in China for high-purity copper scrap of overseas origin is expected to remain strong in 2023, with questions over the supply of domestic scrap in the country, and a growing trend to repurpose scrap materials as part of the decarbonization movement across the world
January 13, 2023
·
By Julian Luk
Insights
Global copper greenfield investment falls short of demand outlook, experts say
Leading mining companies have recently expanded their exposure to copper via acquisitions rather than through greenfield investments, but new projects are needed to feed an expected rise in demand amid global energy transition trends, market experts have told Fastmarkets
January 10, 2023
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By Renato Rostás, Albert MacKenzie
Insights
US nonferrous scrap exports rise October vs September
Nonferrous scrap export volumes from the United States rose in October, with decreases in used beverage cans (UBCs), nickel and zinc scrap being offset by increases in aluminium, copper and lead scrap, according to the latest data from the US Department of Commerce. In year-to-date comparisons, however, only exports of aluminium scrap declined
December 20, 2022
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By Kirstyn Petras
Insights
US copper scrap discounts, brass prices flat
Copper scrap discounts in the United States were stuck in a holding pattern on Wednesday December 7, while brass prices consolidated recent gains amid rising prices on The Commodity Exchange (Comex)
December 9, 2022
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By Sean Barry
Insights
Mining companies stress the need to rethink approach to recycling
Recycling and sustainable production have become topics that mining companies have had to face up to, the audience at Mines and Money’s Resourcing Tomorrow conference heard
December 8, 2022
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By Callum Perry, Josh Fulton
Insights
Anglo, Aurubis sign deal to develop green copper traceability
Anglo American and Germany-based Aurubis have signed a memorandum of understanding (MoU) to jointly develop a solution that will ensure copper, a key commodity in energy transition, is traceable and sustainably produced, the London-based miner announced on Thursday, November 24
November 24, 2022
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By Renato Rostás
Insights
Peru still ‘a good place’ to invest in copper mining, despite concerns over disruption – sources
Recent disruptions to Peruvian mines have raised concerns about social tensions reducing the attractiveness of the industry to investors, but market participants told Fastmarkets that they still rate Peru highly as a copper mining hub
November 23, 2022
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By Albert MacKenzie
Insights
Codelco to slash copper sales to China by 50% amid production challenges, sources say
Codelco, the world’s biggest copper producer, will halve its refined copper sales to China in 2023, citing major production challenges at its Chuquicamata complex and closure of the Ventanas smelter, both in Chile
November 23, 2022
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By Julian Luk
Insights
China issues plan for non-ferrous metals industry to comply with peak carbon emissions goals
China laid out a plan on Thursday, November 10 to decarbonize the non-ferrous metals industry, reiterating the energy-intensive sector's need to not exceed peak carbon emissions by 2030 in response to the country’s climate goals
November 18, 2022
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By Yiwen Ju
Insights
LME nickel price soars, narrowly avoids ‘disruption event’ as base metals futures mostly rise
Base metals futures on the London Metal Exchange gave an overall positive performance during the morning trading session on Monday November 14, with the metals mostly continuing their upward trajectory from the previous week
November 14, 2022
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By Callum Perry
Insights
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