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Codelco cuts 2024 copper premium to China, changes contract structure -sources

:Chile's Codelco cut the premium for selling copper to its biggest Chinese clients by 36 per cent for next year and is trying to fix it in a way that would guarantee its revenues, three sources with knowledge of the matter said this week.Codelco, the world's largest copper producer, has offered to sell copper
City Of United Kingdom London Metal Exchange International Copper Study Group Copper Study Group

Innovative recovery of valuable raw materials from 'red mud'

Waste slags from the metallurgy industries often contain valuable materials, but in very small concentrations. This means that large areas of valuable land are used to accommodate reservoirs filled with what is sometimes toxic waste. We now want to use hydrogen to convert this waste into a resource.
Mashonaland East Tom Gertjegerdes Aachen University International Energy Agency International Copper Study Group Hydrogen As The Reducing Agent
Source: sintef.no

How is Dr. Copper doing, by the way-

Copper is an essential component of many electrical components. Thus, the construction and electrical industries need copper. Electricity storage and electromobility need copper, and these are growing areas. Because without the reddish metal, decarbonization cannot succeed. And copper demand is growing by the day. In 2021, the copper price rose to well over 10,000 U.S. dollars per ton, making copper one of the winners in the raw materials sector. Today, a ton of copper costs around 7,440 US doll
Mount Isa Baden Wüberg United States United Kingdom Copper Study Group Copper Mountain Mining

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Energy Metals Lead the Charge :: The Market Oracle ::

Gold and silver aren’t the only viable plays in the metals space – and they aren’t currently the leaders. On Wednesday, both copper and platinum rallied up to multi-year highs. Rhodium, meanwhile, currently commands $21,000 per ounce – yes, per ounce – making it one of the most valuable elements on the planet. What’s driving these “energy” metals? Besides ongoing currency depreciation and the risks of higher inflation, which will help boost all hard assets over time, risin...
South Africa United States Joe Biden Stefan Gleason Money Metals Exchange University Of Florida

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