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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
Authorities opt for market stability over ban on Russian metal | Hotter Commodities
Russian brands of metal produced after Saturday April 13 can no longer be delivered to the London Metal Exchange or CME Group following the imposition of new sanctions by the UK and the US
April 15, 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
·
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
·
By Andrea Hotter
Insights
Chile lays out lithium policy details | Hotter Commodities
Chile’s government has laid out its plan to significantly boost the country’s lithium production, opening up 26 lithium salt flats for private investment and naming the Atacama and Maricunga salt flats as strategic to the state.
March 28, 2024
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By Andrea Hotter
Insights
Billions to flow from US government into metals; energy key | Hotter Commodities
The US could get a new primary aluminium smelter, investments in copper recycling and projects to decarbonize iron and steelmaking as part of a $6 billion government package announced on Monday, March 25
March 25, 2024
·
By Andrea Hotter
Insights
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