Copper – Reuters reported that Glencore Xstrata plc (LSE:GLEN) has sold its interest in the Peruvian Las Bambas copper mine to a Chinese consortium led by MMG Ltd. (HKEX:1208).
Articles Tagged "China"
Copper – Mining.com reported that Chinese imports of copper and iron appear to have been largely unaffected by surprisingly weak economic data from the Asian nation.
Palladium – Although platinum and palladium saw price drops on Monday, CNBC has pointed to a broader 5-percent jump in year-to-date platinum futures prices as well as a 7-percent price jump for its sister metal.
Gas – Businessweek reported that Russian leader Vladimir Putin is looking to sign a deal to supply pipeline gas to China for the next 30 years. The deal would take place next month, and has become more likely in light of the recent Ukraine crisis, according to the publication.
Vanadium – Research and Markets has released a new report entitled "Analysis and Forecast of Vanadium Catalyst for Sulfuric Acid Production in China."
Iron – Bloomberg reported that although iron prices have been falling on weak economic growth from China, a report from Macquarie Group Ltd. (ASX:MQG) suggests the metal could be slated for a price rise.
Copper – Speculation regarding Chinese demand continued to keep the red metal in flux this week. Today, apprehension over the upcoming release of Chinese data drew prices back by 0.5 percent, to $6,636.50 per tonne.
Copper – Copper for delivery in three months on the London Metal Exchange traded at $6,675 per tonne on Monday, up 0.9 percent or $60.08 from low March prices, according to Reuters.
Zinc – Reuters reported that industry sources believe zinc prices will rise in China during the second quarter of 2014 on the back of increased consumption due to railway projects and strong investment demand.
Magnesium – General Motors announced today that its GM China Advanced Technical Center in Shanghai conducted the first trial run of its new Vertical Squeeze Casting machine. This machine is the first of its kind in the world, and will be used to develop next-generation magnesium castings.