Focus: Freeport cranks up copper output as rivals scour for deals …
WEB11 hours ago · World's top copper producer focuses on expanding current assets Leaching copper to cost a third less than hard rock mining Leaching to boost output by 800 million pounds annually as soon as 2027 ...
Major copper discoveries scarce as industry shifts away from …
WEB6 hours ago · While the total copper volume grew year-on-year by 4%, or 61 million tonnes, most of the increase was attributed to older discoveries, with deposits found during the 1990s accounting for 70%, or ...
Copper could skyrocket over 75% to record highs by 2025 - CNBC
WEBJan 3, 2024 · Copper prices are poised to hit $15,000 on the back of mining supply disruptions amid higher demand for the red metal.
Copper price to surge to record high this year, Trafigura forecasts
WEBMar 24, 2023 · The benchmark three-month copper contract is trading at $9,000 a tonne, having gained 30 per cent since falling sharply in the three months after Russia’s invasion of Ukraine when investors...
Main facts about the copper market as prices hit record highs
WEBMay 20, 2024 · Copper surged to record highs on Monday as a recent rally triggered by short covering created momentum for speculators and funds to bet on higher prices of the metal.
Copper squeezed in the United States but China has plenty
WEBLONDON, May 22 (Reuters) - The London Metal Exchange (LME) copper price hit a record nominal high of $11,104.50 per metric ton on Monday. The London market is playing catch-up with its U.S. peer...
Copper Hits 14-Month High With Demand Rising and Supply …
WEBApr 3, 2024 · Copper jumped to the highest since January 2023 as fast-mounting supply risks and fresh signs of a rebound in demand reinforced hopes that the bellwether industrial metal is plotting a course to...
Copper price at fresh high as satellite data shows sharp Chinese ...
WEBCopper price at fresh high as satellite data shows sharp Chinese smelter cutbacks. Copper closed regular trading hours Monday at $4.38 a pound or $9,656 a tonne, up 2% on the day bringing year...
Copper Climbs Toward $9,000 a Ton as It Hits 11-Month High …
WEBMar 14, 2024 · China’s copper smelters pledged to control capacity as the industry responds to a tightening in the global concentrate market that’s led to processing fees falling to near nothing.
Copper is critical to energy transition. The world is falling way ...
WEBSep 27, 2023 · A major factor in copper supply is the long lead time for establishing new mining projects, a reality inherent to mining companies’ investment strategies. “Mining is a long-term business ...