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Tag: Copper

RIO DE JANEIRO, BRAZIL - The price of copper, of which Chile is the world's leading and Peru the number two producer, recorded its fifth consecutive fall on Friday, June 18, and recorded its worst week since March 2020,...
RIO DE JANEIRO, BRAZIL - China has decided to tap into its massive state-owned and secret reserves amid a campaign to curb rising commodity prices. The country plans to expand pork stocks to strengthen control over the market, while officials are...
RIO DE JANEIRO, BRAZIL - The post-pandemic recovery and unprecedented spending in the United States are boosting the prices of the basic trio of commodities: oil, food and minerals. Is it a mini-boom or a new super-cycle? Economists have not...
RIO DE JANEIRO, BRAZIL - Japan’s Mitsubishi Materials Corp said on Friday, February 12th, it had completed its purchase of a 30% stake in Chile’s Mantoverde copper mine from Mantos Copper for US$275 million. Japan’s third-biggest copper smelter also said...
RIO DE JANEIRO, BRAZIL -Peru’s copper production plunged 12.5% to 2.15 million tonnes in 2020, the country’s Energy and Mines Ministry said on Monday, February 8th, driven down by coronavirus-related restrictions that hammered output in the world’s second-largest producer...
RIO DE JANEIRO, BRAZIL - Copper prices reached their highest since February 2013 on Wednesday as Democrats who want increased economic stimulus edged closer to control of the U.S. Senate and a blockade threatened to halt operations at a...
RIO DE JANEIRO, BRAZIL - (Reuters) A China-led economic recovery should boost demand for these commodities in 2021 after COVID-19 roiled global markets in 2020. COPPER/ALUMINUM Iron ore and steel outperformed in 2020 thanks to booming Chinese construction and manufacturing demand,...
RIO DE JANEIRO, BRAZIL - The output of the world's most important copper producer, Chile, will likely rise by 0.6% to 5.82 million tons in 2020, state copper commission Cochilco said on Monday, and to 5.99 million tons in...

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