Long-term demand trends in the copper sector may reduce cyclical price moves driven by short term factors impacting sentiment, Freeport-McMoRan's chief executive officer Kathleen Quirk told Fastmarkets in an interview during the London Metal Exchange (LME) Week 2024.

Mining executives are weighing the benefits and challenges of Chinese partnerships while grappling with price slumps and the looming impact of the US Inflation Reduction Act.

Chilean copper producer Codelco has not yet concluded negotiations for its 2025 premium offer to European customers but remains optimistic that the recent stimulus in China will provide a further boost to demand, the company’s chairman told Fastmarkets.

The process to pick a partner for Codelco’s lithium properties in the Maricunga salt flat is highly competitive, with a result due at the start of 2025, the company’s chairman told Fastmarkets.

The copper concentrates market was suffering from a dislocation that would probably lead to smelting cuts, the chairman of Chilean state-owned producer Codelco has said.

The European Commission has proposed to delay the implementation of the EU Deforestation Regulation (EUDR) to December 30, 2025 for large companies and June 30, 2026 for micro and small enterprises and has invited the European Parliament and the Council to adopt this proposal by the end of the year. Learn more.

New mining frontiers were emerging but, ahead of the London Metal Exchange’s LME Week event, industry executives have warned of a supply squeeze, with regulatory hurdles and the costs of being ‘green’ hindering the production of copper and other critical minerals

As the mining industry converges for LME Week, a pressing question looms: will consumers be willing to shoulder the costs of sustainable metal production? At the FT Mining Summit‘s panel on “Supply, demand and decarbonization” in London on September 26, industry leaders grappled with the challenge of balancing sustainability investments against rising inflation and the […]

The report details the EU’s efforts to secure critical raw materials through 14 strategic partnerships with non-member countries. These partnerships aim to diversify the EU’s supply chain for materials essential to its clean energy transition and industrial competitiveness. Norway, Australia and Serbia were highlighted as new partnerships established in 2024. According to the report, strategic […]

Middle Eastern steelmakers are ramping-up their efforts to reduce carbon emissions, taking several bold steps toward this goal