Base metals

China is undergoing a process of liberalising its economy, and as the market opens up, new contracts will be launched to meet the demand, says Newedge’s John Browning in an article written for and published by Metal Bulletin’s sister publication Futures & Options World (FOW).

Claire Hack reports from Almaty, Kazakhstan, where she has travelled to meet Central Asia Metals as it prepares for the official opening of its Kounrad copper project in eastern Kazakhstan, which is targeting production of 10,000 tpy of copper cathode.

Clive Palmer, the owner of a company involved in Australian mining projects, is planning to build an exact replica of the RMS Titanic and intends calling the oceangoing vessel Titanic II.

Will the 20% of outright three-month business that has recently been done on the London Metal Exchange during the Asian day soon look relatively minuscule?

A private members’ bill tabled in the UK House of Commons last month will propose harsher sentencing for scrap metal thieves and make enforcement of the law easier, MP Graham Jones, who introduced the bill to the House, told Metal Bulletin.

Nine Peruvian workers trapped underground at Peru’s Cabeza de Negro, 330km from Lima, were freed on Wednesday April 11, to a rapturous reception by rescuers, the press and Peruvian president Ollanta Humala (centre, waving).