Tag:Copper Mines

Copper Backwardation Tops US$500 as LME Supply Tightens

Copper advanced toward a record as competition for immediately available metal pushed a key London spread to its most extreme level since the market...

Copper Hits Record High as Supply Squeeze Meets AI Demand

Copper has hit another record high, with U.S. futures settling at $6.6495/lb, up 38% from a year ago. And the move is being driven...

Freeport halts Grasberg operations after mud rush, declares force majeure. Copper surges.

📌 Key Takeaways Freeport has declared force majeure at Grasberg after a mud-rush incident. Copper and gold sales for Q3 2025 are set to fall. Analysts cut...

Anglo American, Teck Agree to $53 Billion Merger to Form Copper Giant

Anglo American and Teck Resources will merge in a $53 billion deal to create one of the world’s largest copper producers, the companies announced...

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Diesel Squeeze Raises Stakes for Australian Mining

US diesel prices have hit a record US$6.51 a gallon, lawmakers are proposing export restrictions, and Australia has reported...
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Copper Backwardation Tops US$500 as LME Supply Tightens

Copper advanced toward a record as competition for immediately available metal pushed a key London spread to its most...

Zinc Prices Rise as China Smelter Cuts Deepen Supply Squeeze

Zinc prices are being driven higher by a supply squeeze that has flipped the market from expected surplus to...

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