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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
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Insights
Freeport declares force majeure at Grasberg mine after incident hits output
Freeport-McMoRan has declared force majeure at its Grasberg mine in Indonesia following a fatal incident, with copper and gold output expected to fall 35% in 2026. The company projects a gradual recovery, with operations potentially returning to pre-incident levels in 2027.
September 25, 2025
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By Felix Njini
Insights
ReMA Roundtables: Sentiment of uncertainty persists
Market participants active in the aluminium and copper scrap and primary aluminium markets reported continued bearish markets with relief not expected in the near term during conversations at the Recycled Materials Association Roundtables in Chicago from September 10-12.
September 24, 2025
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By Kirstyn Petras, David Bartle, the Fastmarkets team
Insights
How AI and data center growth drive copper demand in the US
Copper demand in data centers is accelerating as artificial intelligence drives higher power needs, advanced cooling systems and greater infrastructure requirements. This trend highlights both the opportunities and challenges around sustainability, domestic production and global supply chains.
September 16, 2025
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By Rae Boyadjis
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
First Quantum Minerals copper production to reach 1.5 mln tpy by 2035, CEO says
Tristan Pascall, chief executive officer of Vancouver-based First Quantum Minerals, gave an exclusive interview with Fastmarkets on Friday August 29, in which he explains why Africa is the best place to build large copper mines, and gave his opinion of the outlook for the nickel, gold and copper sectors.
September 4, 2025
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By James McKeigue
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 sets sights on strategic reserve | Hotter Commodities
The US is launching its first Strategic Minerals Reserve at Hawthorne Army Depot in Nevada, designed as a platform for storage, refining and recycling to strengthen supply chain security.
August 22, 2025
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By Andrea Hotter
Insights
Copper tech could shrink US supply gap immediately, Jetti CEO says | Hotter Commodities
The US is confronting a copper supply shortfall, but one company believes that it already holds the key to unlocking hundreds of thousands of tonnes of refined copper – right here, right now.
August 15, 2025
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By Andrea Hotter
Insights
Copper crisis averted, bonded storage a buffer | Hotter Commodities
When the US opted not to impose Section 232 tariffs on copper cathode imports last month, the market breathed a sigh of relief.
August 15, 2025
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By Andrea Hotter
Insights
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