Articles Tagged "Codelco"

What do Floods in Chile Mean for Lithium Supply?

Lithium – Northern Chile has been devastated by heavy rains and flooding since last Tuesday. While there have been several reports on how the rainfall has affected copper mines in the region, investors are likely wondering about the impact for lithium operations.

Codelco to Fall Short on China Copper Shipments, Country Could Buy Spot Copper

Copper – Reuters reported today that Chile's Codelco could cancel as much as 10,000 tonnes of its term copper shipments to China, which could pressure China to buy copper elsewhere. According to Reuters, and unnamed source stated that Codelco has already cancelled 7,000 tonnes of shipments so far, and BHP Billiton (NYSE:BHP) has also asked to delay some of its term copper shipments to China.