In a significant shift, copper prices dropped below $9,000 per ton on the London Metal Exchange (LME) for the first time in two months, extending a recent downward trend. The fall, which has seen copper decline approximately 7% since last...
MMC Norilsk Nickel PJSC, Russia’s largest mining company, is in advanced negotiations to establish a substantial copper smelting plant in Fangchenggang, a port city in China’s southern Guangxi region, according to individuals familiar with the discussions. The proposed smelter is...
Copper prices edged higher on Thursday, rebounding from their lowest point in over two weeks as investors braced for a significant policy briefing by China’s Finance Minister, Lan Fo’an, scheduled for Saturday. This announcement is anticipated to provide key insights...