Africa
Congo Becomes China’s Strategic Key Copper Supplier
China is witnessing the rewards of its substantial investments in the Democratic Republic of Congo (DRC), with a 71% year-on-year surge in refined copper imports from the central African nation. In 2024, shipments reached 1.48 million metric tons, cementing...
Aluminium
Trade Shifts Reshape Transatlantic Copper Pricing Trends
Copper Faces Tariff Threat Amid Rising U.S.-LME Premium
The U.S. copper market is bracing for potential tariff impositions, with the premium between CME and London Metal Exchange (LME) copper contracts widening in response to speculation that the red metal might...
Aluminium
Hydro and Rio Tinto Partner on Aluminium Decarbonization
In a significant step toward achieving net-zero emissions, Hydro and Rio Tinto have announced a partnership to identify and evaluate carbon capture technologies for aluminium smelters. The collaboration is focused on developing commercially viable solutions to decarbonize the aluminium...
Aluminium
Century Aluminum Secures DOE Grant for U.S. Smelter
Century Aluminum has officially entered Phase 1 of a four-phase agreement under a Department of Energy (DOE) grant initiative, representing a significant step in strengthening domestic aluminum production capabilities. This grant, originally extended in March 2024, is part of...
Aluminium
Novelis: First US Aluminium Sustainability Lighthouse
Novelis, the world’s largest recycler of aluminium, continues to lead the charge in advancing circularity and decarbonising the aluminium industry for a more sustainable future. This week, the company achieved a historic milestone as its Uhrichsville plant was recognised...
COPPER
Solaris Resources’ Warintza Project May Be Salve for Supply Concerns and Copper Crunch
The copper market is bracing for a significant supply deficit in 2024, a consequence of several factors disrupting the supply and demand balance. New discoveries, while promising, are unlikely to offset the shortfall, as the industry fights production setbacks,...
GOLD
Bluebird Merchant Ventures Ltd Signs USD 5 Million Farm-Out Agreement for Gubong Gold Project in South Korea
Bluebird Merchant Ventures Ltd. announced that it has signed a USD 5 million Farm-out Agreement for its high grade Gubong Gold Project in South Korea. Details: Gubong is the larger of two 100% owned gold mining projects in South...
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