Chinese solar panel manufacturing company LONGI recently said that it has started looking at copper as an alternative instead of silver. Source
Project Vault: America has announced an investment of $ 1.3 billion in Pakistan’s Reco Deeq Khan. This investment is part of America’s new plan Project Vault. The objective of this scheme is to reshape the market of essential minerals and rare metals across the world. The US State Department gave this information on Wednesday. Reko…
(Bloomberg) — Aluminum slipped from the highest level in more than three years and copper steadyd near a record as investors mulled what’s next for metals after a powerful start to the year. Industrial metals have enjoyed a bullish run into the new year, with copper hitting records above $13,000 a ton, and aluminum notching…
(Bloomberg) — Copper slid from a record high, declining along with other industrial metals, as traders booked profits from a swift run-up in prices. Futures for copper, nickel and zinc declined more than 2% at the close of trading on the London Metal Exchange, trimming sharp gains seen over the past couple of weeks as…
Jan 7 (Reuters) – Copper hovered near record highs on Wednesday after a record-setting rally, while nickel remained near multi-month peaks on expectations of tighter supply from top producer Indonesia. The most-traded copper contract on the Shanghai Futures Exchange gained 0.45% to 103,760 yuan ($14,854.69) a metric ton as of 0315 GMT, hovering below a…
(Bloomberg) — Copper recorded the longest winning run since 2017 in a December rally powered by the prospect of more stress in the supply chain. The metal rose 2.7% to settle at $12,558.50 a ton, the eighth day of gains, with positive sentiment showing resilience. Traders have been rushing metal to the US in anticipation…
Wall Street categorizes metals as precious, base/industrial, and maybe “other” for the weird ones. There is plenty of overlap. Precious metals include gold and silver, of course, but also palladium, for its rarity, high value, and corrosion resistance, even though demand for it is dominated by the car industry. Base metals are common, reactive, and…
Copper, a critical metal for electronics, has joined precious metals in a record-breaking run in 2025, with prices advancing 41% so far to nearly $12,300 per ton on the LME. The rally has been driven by concerns that the supply shortage could persist into next year, positioning the metal for its biggest annual surge since…
