China's copper anode producers using scrap enter holiday

【SMM News Flash】Louis Watum Kabamba, the Minister of Mines of the Democratic Republic of the Congo, stated that if the mineral cooperation framework with the US fails to yield concrete projects, the country will seek other partners. "Everything we have done with the US is a framework under which we will discuss issues of mutual interest. That is all." "It could become a very good large project. It could also become another project in which they are not interested. We will move forward because there are many other partners to discuss with."

【SMM News Flash】A study released by Verisk Maplecroft on Thursday suggests that South America could become a cornerstone of the West's strategy to realign critical mineral supply chains. This follows the US announcement of strategic raw material reserves and efforts to establish a critical minerals trade bloc. The study assessed 10 emerging markets with major reserves of cobalt, copper, graphite, lithium, nickel, and rare earth elements. It indicates that Argentina, Brazil, Chile, and Peru are at the center of opportunities to rebalance supply chains.

【SMM News Flash】CopperTech Metals announced a strategic partnership with Axiom Group, VBKOM, and Fleet Space Technologies on Wednesday to apply next-generation geoscientific technologies in the exploration of the Konkola copper mine.KCM (Konkola Copper Mines Plc), a subsidiary of Vedanta Resources established in 2025 under CopperTech, is responsible for the operation of the Konkola mine.The Konkola mine is considered one of the world's highest-grade copper ore assets, with proven ore grades ranging from 2.9% to 3.3% and total copper reserves/resources of approximately 16 million mt.