Resource Market News Directory

Copper Surge Triggers Stop Spike Event

Copper – On Tuesday, Bloomberg reported that copper prices rose to their highest in 13 months on China stimulus reports, triggering a "stop spike event" and halting trades for 10 seconds. The red metal slid back to 0.9 percent to $3.1385 a pound at 11:07 a.m. on Wednesday, according to another Bloomberg article.

Magnesium Alloys Making a Comeback

Magnesium – In an article for Engineering Materials, Justin Cunningham writes that despite challenges related to its flammability and corrosive nature, magnesium alloys are making a comeback. The metal is extremely lightweight, a key advantage for aerospace and automotive markets.