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Nornickel Set to Build Copper Plant in China After Shutting Russian Factory

Nornickel Set to Build Copper Plant in China After Shutting Russian Factory

Potanin said Nornickel would create a joint venture in China to build the new plant, which should be constructed by mid-2027.
Codelco Copper Output Affected by Fatal Accident, Chile Minister Says

Codelco Copper Output Affected by Fatal Accident, Chile Minister Says

Both Williams and Chairman Maximo Pacheco say Codelco is on track to increase production this year, with a drop in output in the first quarter in line with internal targets.
Gov. Walz Says He Supports Proposal to Curb Copper Wire Theft in Minnesota

Gov. Walz Says He Supports Proposal to Curb Copper Wire Theft in Minnesota

In the proposal, licensed electricians are automatically deemed eligible to purchase or sell scrap metal, and residents and businesses would still be able to recycle copper for free.
Antofagasta: Rising Demand and Squeezed Supply to Push Copper Prices Higher

Antofagasta: Rising Demand and Squeezed Supply to Push Copper Prices Higher

The company foresees copper prices in a trajectory towards higher levels, he added.
Russia and China Trade New Copper Disguised as Scrap to Skirt Taxes, Sanctions

Russia and China Trade New Copper Disguised as Scrap to Skirt Taxes, Sanctions

Volumes rose sharply over the last few months with monthly imports reaching 11,599 tons by February 2024.
Copper Prices Hit 22 Month High as Supply Concerns Mount

Copper Prices Hit 22 Month High as Supply Concerns Mount

Other base metals, including zinc, have also experienced gains amid concerns over Chinese refined output risks.
ICSG: World Secondary Copper Output Surged in 2023

ICSG: World Secondary Copper Output Surged in 2023

Meantime, the production of primary copper surged higher by 5.3% from 21.2 mmt in 2022 to 22.3 mmt in 2023.
Trafigura: AI to Boost Copper Demand by End-2030

Trafigura: AI to Boost Copper Demand by End-2030

The copper content of data centres is estimated at around 27 tonnes per MW of applied power.
New Bill Aims to Curb 'Rampant' Copper Wire Theft Across St. Paul

New Bill Aims to Curb 'Rampant' Copper Wire Theft Across St. Paul

The city reminds residents the only people you should see working on street lights are public works or parks and rec employees.
Codelco Says Copper Output ‘Recovering’

Codelco Says Copper Output ‘Recovering’

Delays in projects getting approved also forced several large projects to begin at the same time, he added.
Bill Provides Hope, Lacks Enforcement for Reducing Copper Wire Theft in Minnesota

Bill Provides Hope, Lacks Enforcement for Reducing Copper Wire Theft in Minnesota

The newly proposed legislation is modeled after a similar law passed last year to crack down on catalytic converter thefts, and that one has seen some success.
Chile Sees Codelco Revival After Years of Copper Output Declines

Chile Sees Codelco Revival After Years of Copper Output Declines

Under the current arrangement with the government, Codelco can reinvest 30% of its annual profits, with remaining funding having to come from bond issuance.
Shanghai Copper Rises on China Data, High Stocks Cap Gains

Shanghai Copper Rises on China Data, High Stocks Cap Gains

The gains followed an official factory survey on Sunday showing China's manufacturing activity expanded for the first time in six months in March.
ICSG: World Refined Copper Market Ended in Surplus in Jan '24

ICSG: World Refined Copper Market Ended in Surplus in Jan '24

The primary production reported an increase of 4.5%, while the secondary production was up by 9%.

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