Page 5 - Copper

Global copper market to have a surplus of 155,000 tonnes in 2023, says ICSG

Three-month copper on the London Metal Exchange was trading around $7,363 a tonne on Wednesday having declined more than 30% on growing recession fears since scaling a record peak of $10,845 in March

Disappointing China economic data sparks industrial metals' sell-off

China's economy unexpectedly slowed in July, with growth in industrial output, fixed-asset investment, total social financing and new yuan loans slowing

Copper sinks to 17-month low as recession fears dominate trade

Copper, widely considered an economic bellwether, is trading solidly below $8,000 a ton, after metals posted their worst quarterly slump

Copper prices hit 17-month low over China restrictions, says report

Benchmark copper on the London Metal Exchange (LME) was down 0.8% at $7,982 a tonne at 1602 GMT

Vedanta Resources urges Zambia to halt search for new KCM investor

Zambia's previous government put KCM in the hands of a liquidator in May 2019, triggering the ongoing legal dispute with Vedanta Resources, KCM's parent company.

SBI, other PSU banks commit Rs 6,071 cr to Adani Group for copper business

Kutch Copper, a subsidiary of Adani Enterprises, is setting up a greenfield copper refinery project for production of refined copper with 1 million tonnes per annum in two phases

Arbitration hearing set for January in Vedanta-Zambia copper mine dispute

Zambia's government accused Vedanta at the time of failing to honour licence conditions, including promised investment - accusations that Vedanta has denied.

Vedanta challenges Zambia's appointment of new Copper Mines liquidator

LUSAKA (Reuters) - Vedanta Resources has challenged Zambia's appointment of a new Provisional Liquidator for Konkola Copper Mines (KCM) following the resignation of the previous office holder.

Vedanta offers Zambia investment commitments if handed back firm: Report

Vedanta Resources has offered to step up investment in Zambia's Konkola Copper Mines and implement several social responsibility programmes if it resumes control of the local firm

Amid record high prices, are industrial metals the new oil in India?

Data providers such as Reliance Jio, Airtel and large tech startups such as Flipkart, Paytm have yet to earn big profits, while metal giants are becoming important in an emerging low-carbon world

Gabriel Boric: From student protest leader to Chile's youngest president

Boric has assembled a majority-female cabinet, a mix of young progressives and technocrats.

Commodity boom! Hind Copper, NTPC, NMDC to see up to 30% rally

With Nickel, Gold and wheat also hitting multi-year highs like Crude Oil, these five commodity related shares are likely to witness strong gains, indicate charts.

People in Thoothukudi understand that they were misled: Sterlite Copper COO

'Copper is an important metal for the economy of the country', said Sumathi Angusamy

Rio Tinto CEO meets Mongolian PM to revive soured ties over copper mine

Rio has faced costly delays at the underground expansion of its Oyu Tolgoi project that it has blamed on geotechnical difficulties and Covid-19, angering the Mongolian government

Rise in copper import in recent times great concern for govt: V K Saraswat

India was a net exporter of copper for close to two decades before the closure of Sterlite Copper plant at Tuticorin, Tamil Nadu in May 2018.

London copper set for best week since 2016 as prices surpass $10,000/tonne

Asian shares advanced warmed by the embers of a strong day on Wall Street, which supported risk-friendly currencies and hurt the safe-haven yen.

Global energy crisis halt copper bulls as world's factories slow down

Copper's blistering rally above $10,700 a ton came in May as lockdown restrictions sparked insatiable demand for metals in housing and consumer goods

Copper and iron ore tumble as growth fears roil metals markets

This week's drop for iron ore accelerated, with futures sliding as much as 12% to the lowest since December in Singapore

Union at BHP's Escondida mine in Chile rejects contract, firm seeks talks

The talks, once confirmed by authorities, will last for 5 to 10 days, according to Chilean labor law. If no agreement is reached, a strike would begin

Trading strategies for copper and natural gas by Tradebulls Securities

There are no reversal patterns on chart and support comes around 268 for natural gas