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Pratima Desai

FILE PHOTO: Chinese flag is seen in this illustration taken, April 24, 2024. REUTERS/Dado Ruvic/Illustratio
Critical MineralsNews

China state stockpiler ‘aims to buy up to 15,000 tons of cobalt’

China's cobalt purchase would be a huge increase for the state stockpiler, even for a country that dominates the processing of the critical...

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017.  REUTERS/Arnd Wiegmann/File photo
BusinessCritical MineralsElectric Vehicles (EVs)FinanceMineralsMiningNews

Glencore studying an approach for Anglo American, sources say

Anglo American is attractive to its competitors for its prized copper assets in Chile and Peru, a metal used in everything from electric...

FILE PHOTO: Employees work at a copper smelter in Yantai, Shandong province, China April 26, 2023. REUTERS/Siyi Liu/File Photo
Critical MineralsNewsTrade

Near-record high LME prices a magnet for Chinese copper

China's copper producers are planning to export up to 100,000 metric tons of metal to push down prices.

A view of the facilities at Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, which was forced to shut down after Panama's top court ruled that its contract was unconstitutional following nationwide protests opposed to its continued operation, during a media tour, in Donoso, Panama, January 11, 2024. REUTERS/Tarina Rodriguez/ File photo
BusinessCritical MineralsNews

Shortages key to copper’s upward price trajectory to new peaks

Rising copper prices, partly caused by energy transition applications, will continue as shortages begin to drive up demand.

FILE PHOTO: Raw copper from Zambia awaits export in a warehouse at Newlyn Terminal at Bayhead at the port in Durban, South Africa, April 4, 2024. REUTERS/Rogan Ward/File Photo
Critical MineralsIndustryNews

Copper demand to boom as new tech drives power consumption

Copper consumption set to rise by 10 million metric tons, says Trafigura, as AI data centers, EVs and renewable energy cause spike in...

Critical MineralsElectric Vehicles (EVs)MineralsNews

AI could add 1 million tons to copper demand by 2030, says Trafigura

The energy transition is expected to fuel a surge in copper consumption over the coming years as the world moves towards eliminating carbon...

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