Blue Moon Mining Completes Acquisition of Sulitjelma Copper Mine Project
Blue Moon Mining formally signed an equity purchase agreement, completing the acquisition of the century-old copper mine project.
Blue Moon Mining formally signed an equity purchase agreement, completing the acquisition of the century-old copper mine project.
The United States has extended sanctions targeting Cuba's metal and mining industries.
Antofagasta plans to increase copper production by 30% before 2030.
Zambia plans to expand copper mine production to 3 million tonnes.
Indian company signs memorandum of understanding with Chilean mining giant
US Copper Market Inventories Hit Record High; Processing Fees Remain Low
Nigeria discovers a polymetallic province containing platinum group metals in Kaduna State and identifies 3.3 million tons of lithium reserves near Abuja.
LME copper inventory continues to deplete, though current levels remain above historical averages, indicating relatively ample supply.
Copper and other compute-linked metals are being repriced around AI demand, trade policy and inventory location.
A tiered tariff proposal for refined copper has intensified attention on regional premiums, inventory flows and price forecasts.
The US proposes tiered tariffs on refined copper, while Goldman Sachs forecasts copper prices may surpass $14,000 in 2026.
Global AI compute metal market faces shifts due to US "Section 232 Tariff" investigation; COMEX copper inventory hits record, LME copper inventory drops to low levels, US refined copper imports surge...
Antofagasta announces 30% copper production increase by 2030, relying on brownfield expansion to meet energy transition demand.
Affected by the US dollar index hitting a new high, copper prices came under pressure and corrected; SMM electrolytic copper average price quoted at 103,160 yuan/ton, down 1,010 yuan daily.
Chilean copper miner Antofagasta announced plans to increase copper production by 30% by 2030 through existing business expansion, new technology application, and infrastructure optimization.
In June, Indonesia's nickel supply policy showed fluctuations, LME nickel fell below $17,000/ton, and Indonesia has not yet decided on quotas for the second half of the year.