But how might transition metals markets cope? Authored by Robin Griffin, Anthony Knutson and Oliver Heathman in Wood Mackenzie’s metals & mining team. By 2050 the energy transition could see...
Tag: copper
As Copper Prices Go North, Let’s Check on Southern Copper
By BRUCE KAMICH Mar 01, 2023 | 01:15 PM EST Stocks quotes in this article: TECK, FCX, SCCO Hedge fund manager David Einhorn touted Teck Resources ( TECK) and copper as an investment on a financial ca...
Copper price bounces as China provides much needed support
Copper price continued its steady recovery after the strong economic numbers from China, its biggest consumer. It spiked to a high of $4.12, the highest point since February 23rd. Other commodities wi...
More News That Points To No Recession
Coils of copper wire rods in a storage facility. Photographer: Andrey Rudakov/Bloomberg © 2021 Bloomberg Finance LP Its now more than half a year since Wall Street’s Cassandras warned of an imminent u...
Copper price recovery fades as yield curve inversion intensifies
Copper price has been in a bullish trend in the past few months as investors bet on the comeback of the Chinese economy. It was trading at $4.14, which was slightly below the year-to-date high of $4.3...
Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
“The subsequent investigation determined that Copper hadn’t suffered any breach or business interruption and that no client information had been compromised,” Copper said in a statement. “The incident...
Former UK Chancellor Hammond to Head Crypto Firm Copper
Former UK Chancellor, Philip Hammond has been appointed as head of Copper. Hammond has been with Copper since October 2021 as an Advisor. Copper hopes to leverage on Hammonds profile and connections t...
Former UK chancellor Philip Hammond joins Copper exchange as Chairman
Philip Hammond who served as U.K. chancellor from 2016 to 2019, has taken on a new role as the chairman of crypto trading firm Copper, FT reports. The former U.K. chancellor has been an adviser and st...
Freeport-McMoRan Earnings Beat; FCX Stock Rises As Copper Giant Sees Long-Term Gains
Freeport-McMoRan (FCX) posted Q4 earnings that topped Wall Street estimates, but fell vs. a year ago amid lower copper prices and higher costs. FCX stock rose in Wednesday’s stock market action....
Rio Tinto Boosts Iron Ore Production as Copper Set to Jump
(Bloomberg) — Rio Tinto Group, the world’s top iron ore producer, said fourth-quarter shipments of the steelmaking material rose 4% as it sees higher-than-expected copper production in the year ...
Bybit partners with Copper to offer institutions robust crypto custodial services
Bybit crypto exchange has signed a strategic partnership deal with Copper, to enable the former to offer its institutional investors and high-net-worth individuals secure crypto custodial services via...
Copper Property CTL Pass Through Trust Issues Monthly Reporting Package for December 2022
Jersey City, NJ –News Direct– Copper Property CTL Pass Through Trust Copper Property CTL Pass Through Trust (“the Trust”), has filed a Form 8-K containing its monthly report for the period...
Copper Mining Grows at Last But Now Smelters Can’t Keep Up
(Bloomberg) — Copper miners are boosting output at last after several years of anemic performance. But it may not be enough to meaningfully lift stockpiles from historically low levels, keeping ...
Crypto Custody Firm Copper Inks $500M Insurance Deal With UK Giant Aon
The growth in the value of digital assets in recent years has led to increased demand for cold storage, and generated the means to protect crypto assets offline, particularly as institutional adoption...
Copper’s cold-storage insurance fund hits $500 million
Copper, an institution-grade crypto infrastructure provider, has $500 million of insurance for digital assets in cold storage. The cover uses a panel of specialty insurer Canopius-led insurers and was...
Copper Prices Are Imperiling Electrification And Decarbonization
This is the second mine from Escondida, Escondida Norte, The copper production of Escondida is the … [+] biggest in the world. (Photo by Oliver Llaneza Hesse/Construction Photography/Avalon/Gett...
Freeport-McMoRan’s Turn to the Upside Is Just What the Dr. (Copper) Ordered
By BRUCE KAMICH Oct 24, 2022 | 01:30 PM EDT Stocks quotes in this article: FCX Copper producer Freeport-McMoRan ( FCX) finished the past week with a good upside rally on the heels of a slim earnings b...
Green Groups Seek To Thwart Biden’s Renewable Energy Goals, To The Detriment Of State Coffers & Job Creation
President Joe Biden makes remarks during a press conference on the grounds of National Renewable … [+] Energy Laboratory in Arvada, Colorado. (Photo by Helen H. Richardson/MediaNews Group/The De...
Copper in Midst of $196M Funding Round
Copper closed a $50 million funding round co-led by Dawn Capital and Target Global in May 2021 The firm hired former Bank of America Merrill Lynch pros in April to build out its prime infrastructure o...
Copper Chief Risk Officer Says ‘Cellular Explosion’ Will Accelerate Crypto Usage
First nation to commit to a central bank digital currency will start “an avalanche of very similar types of evolution,” Tim Neill says Non-crypto firms such as Mastercard will be unable to pivot at a ...
A Great Copper Squeeze Is Coming for the Global Economy
(Bloomberg) — The price of copper — used in everything from computer chips and toasters to power systems and air conditioners — has fallen by nearly a third since March. Investors are selling on...
Rio Tinto CEO Makes Clear That Offer Is Final on Giant Copper Mine
(Bloomberg) — Rio Tinto Plc Chief Executive Jakob Stausholm made it clear Tuesday that its offer is final to take over a company that is behind one of the world’s largest copper mines. Most Read...
Tycoon Running a Quarter of China’s Copper Trade Is on the Ropes
(Bloomberg) — From a start guarding trains full of metal from thieves on freezing winter nights, He Jinbi built a copper trading house so powerful that it handles one of every four tons imported...
Rio Takeover of Giant Copper Mine Opposed by Top Investor
(Bloomberg) — A top investor in Turquoise Hill Resources Ltd. is opposing a proposed takeover by Rio Tinto Plc, arguing the purchase price undervalues the company that’s behind one of the world’...
Oil Prices Could Short Circuit, While Copper Charges Ahead
When trying to wire up a trade in commodities, go for copper, The conductive, soft metal offers a long-term demand tailwind that makes buying related stocks on weakness a solid risk/reward. Shares of ...
The U.S. Has A Lot Of Catching Up To Do On Critical Energy Minerals
View of Canadian based Strategic Mineral Company Largo Resources’ Vanadium pit, near Maracas, in … [+] Bahia state, Brazil, on June 15, 2016. Vanadium is primarily used as an alloy to stre...
Copper Worth Nearly Half a Billion Dollars Goes Missing in China
(Bloomberg) — A group of Chinese companies are investigating why a commodities storage site in northern China is holding only one third of the copper concentrate they were financing, according t...