Thursday, 6 February 2025
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Julian Luk

Plastic letters arranged to read "Sanctions" are placed in front of Russian flag colors in this illustration taken February 25, 2022. REUTERS/Dado Ruvic/Illustration
BusinessCritical MineralsIndustryInfrastructureMiningNewsPoliticsRegulationsTrade

Sanctions delay to Russian zinc mine causes supply miscalculation, sources say

Sanctions hinder Russia's Ozernoye from ramping up zinc output, risking 2025 supply forecasts amid soaring zinc prices.

FILE PHOTO: The logo of  copper miner Freeport-McMoRan Inc is displayed on their offices in Phoenix, Arizona, U.S. June 30, 2022.  REUTERS/Ernest Scheyder/File Photo
BusinessCritical MineralsManufacturingMiningNews

Freeport to delay Indonesian copper sales to second quarter of 2025 after fire, sources say

US copper miner Freeport McMoRan will delay its Indonesian copper sales until Q2 2025 due to a fire at its new smelter.

FILE PHOTO: Trafigura logo is seen in this illustration taken, April 23, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessFinanceIndustryNews

Trafigura extends notice period in traders contracts to 6-month minimum: sources

Trafigura has extended traders' notice period to six months to a year amid rival interest in metals trading.

FILE PHOTO: The logo of Russia's miner Norilsk Nickel (Nornickel) is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. Picture taken June 1, 2017. REUTERS/Sergei Karpukhin/File Photo
BusinessCritical MineralsMineralsNews

Nornickel in talks to move smelting plant to China, sources say

Russian mining giant Nornickel's China ambitions come after Ukraine war caused metal exchanges to be banned from accepting products.

FILE PHOTO: A worker loads copper cathodes into a warehouse near Yangshan Deep Water Port, south of Shanghai March 23, 2012. REUTERS/Carlos Barria/ File Photo
Critical MineralsMineralsNewsTrade

Record copper prices likely to pause U.S. scrap shipments to China

China's copper waste and scrap imports are climbing compared with last year.

The logo of mining and infrastructure firm Grupo Mexico is pictured at its headquarters in Mexico City, Mexico, August 8, 2017. REUTERS/Ginnette Riquelme/File Photo
BusinessCritical MineralsMiningNews

Grupo Mexico’s Asarco to reopen U.S. smelter amid surging prices

Asarco is planning to restart its mothballed copper smelter in the United States as prices for the red metal hit record highs.

A worker carries a crucible of melted copper as he makes statues at a workshop in Lalitpur, Nepal December 23, 2015. REUTERS/Navesh Chitrakar/File Photo
AnalysisCritical MineralsIn-DepthMineralsMiningNews

Copper’s record run at risk as US shipments calm speculator frenzy

Copper's record highs may not be sustainable, with action concentrated on shipment of material to cover exposed short positions in the U.S.

FILE PHOTO: A miner uses a walkie-talkie inside 'El Teniente' copper mine of Chile's state copper giant Codelco in Rancagua, Chile March 21, 2018. REUTERS/Ivan Alvarado/File Photo
BusinessCritical MineralsMiningNews

Copper output at Chile’s Codelco set to rise this year, CESCO says

Copper mining production projected to go up even as challenges continue for structural projects designed to extend the life of key mines and...

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