Net zero climate target could fail without more copper supply
Mining News Pro - Efforts to reach carbon neutrality by 2050 are likely to remain out of reach as copper supply fails to match demand amid the growing use of solar panels, electric vehicles, and other renewable technologies, data from S&P Global showed on Thursday.
-
-
Visit: 585
The big changes of the copper supply chain
Mining News Pro - Covid-19 laid bare many of the vulnerabilities of the mining supply chain, particularly in copper. We consider the potential solutions to reduce fragmentation.
-
-
Visit: 515
Global copper supply at risk as workers vote to strike
Mining News Pro - A tightening global copper market is facing the real possibility of simultaneous strike disruptions at three mines in Chile, the top producer.
-
-
Visit: 544
Antofagasta secures copper supply deals with China smelters
Mining News Pro - Chilean miner Antofagasta (LON: ANTO) has reportedly secured copper concentrate supply deals with four major Chinese smelters for the first half of 2022, MINING.COM understands.
-
-
Visit: 641
Copper supply needs to double by 2050, Glencore CEO says
Mining News Pro - Glencore Chief Executive Ivan Glasenberg said on Tuesday that a supply gap was growing in the metals necessary for the world to replace fossil fuels with renewable energy, but he stopped short of predicting a so-called super cycle.
-
-
Visit: 418
Chile mining trade group sees copper supply glut of 200,000 tonnes in 2020
Mining News Pro - The copper market will see a supply glut of 200,000 tonnes this year as the economic impact of coronavirus hits global demand for the metal, a Chilean industry group told Reuters.
-
-
Visit: 643
Satellites to monitor copper supply from space
Mining News Pro - Geospatial intelligence company Earth-i, in collaboration with Britain-based commodities broker Marex Spectron and the European Space Agency, will launch next week a satellites-based service monitoring the up-to-date operational status of up to 90% of the world’s copper smelters.
-
-
Visit: 802
Goldman says ‘brewing’ bottleneck dims copper supply outlook
Mining News Pro - China’s “brewing” copper smelter bottleneck signals deepening supply worries for a metal market that’s already seen facing shortages this year.
-
-
Visit: 941
Global copper supply surplus continues increasing for first nine months
Mining News Agency - According to the latest data released by the World Bureau of Metal Statistics (WBMS), global copper supply surplus of 20,000 tons in the first 9 months of this year; the primary aluminum supply gap continued to extend, from supply shortage of 770,000 tons in 2016 to 1.463 million tons in the previous September.
-
-
Visit: 787