Antofagasta: Output at FTSE 100 mining giant to disappoint Mining Output at the Chilean mining conglomerate Antofagasta is likely to come in at the lower end of the firm's guidance in its full year results, the firm has said, despite copper production rising by 20 per cent between April and the end of June.
Copper prices have been hitting record highs – why? commodities The price of copper has surged to an all time high this week, and in doing so broke the $11,000-per-ton mark for the first time ever. Why?
Trafigura: AI and data centre construction could lead to copper shortages mining Trafigura's chief economist said that an additional 1m tons of copper have not been factored into a lot of supply and demand balances.
Why are investors flocking to copper? April 5, 2024 If Chinese smelters agree collective production cuts, global supply will likely tighten significantly