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FOCUS: High-stakes labor negotiations await Chile s copper miners in H2 2021

Chile’s copper miners face the biggest set of labor negotiations in years, but with prices expected to maintain current highs, how high is the risk to output disruptions? Fastmarkets investigates.

FOCUS: High-stakes labor negotiations await Chile s copper miners in H2 2021

FOCUS: High-stakes labor negotiations await Chile s copper miners in H2 2021
metalbulletin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from metalbulletin.com Daily Mail and Mail on Sunday newspapers.

Column: Copper smelter terms at rock bottom as mine squeeze hits - Andy Home

6 Min Read LONDON (Reuters) - Copper’s turbo-charged rally has stalled over the last few weeks as funds have taken profits and physical buyers have refused to chase prices higher. FILE PHOTO: Refined copper bundles can be seen at BHP Billiton s Olympic Dam copper and uranium mine located in South Australia, May 24, 2016. REUTERS/Sonali Paul/File Photo London Metal Exchange (LME) three-month copper hit a near 10-year high of $9,617 per tonne in late February but is now idling just below the $9,000 level, last trading at $8,910. Spirits have been dampened by a rebuild in LME stocks, which have more than doubled to 168,500 tonnes from a February low of 73,500 tonnes. Market optics don’t look as bullish as they did.

Home: Copper smelter terms at rock bottom as mine squeeze hits

Home: Copper smelter terms at rock bottom as mine squeeze hits Copper smelter (Image: Glencore) (The opinions expressed here are those of the author, Andy Home, a columnist for Reuters.) Copper’s turbo-charged rally has stalled over the last few weeks as funds have taken profits and physical buyers have refused to chase prices higher. Sign Up for the Copper Digest Sign Up London Metal Exchange (LME) three-month copper hit a near 10-year high of $9,617 per tonne in late February but is now idling just below the $9,000 level, last trading at $8,910. Spirits have been dampened by a rebuild in LME stocks, which have more than doubled to 168,500 tonnes from a February low of 73,500 tonnes. Market optics don’t look as bullish as they did.

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