Traders say on Friday, the largest copper smelting plant Aurubis offers its customer at $86 per tonne for premiums of cathode copper in 2018, the same price as 2017.
Rio Tinto released a statement, saying that when the court has considered all facts, it will reject claims from SEC.
Vale S.A. (Vale) iron ore production  achieved a quarterly record of 95.1 Mt in 3Q17, 3.3 Mt higher than in 2Q17
The group is discussing on purchasing assets of mines and oil refinery, mainly involving Central Asia and Africa. The company is seeking overseas expansion with the government’s “Belt & Road” policy.
Jinchuan Group raised nickel ex-works price by 400 yuan per tonne on Tuesday.
Production cuts in aluminum industry have allowed the industry to embrace for more orderly development, said Zhang Bo, Vice President of Shandong Weiqiao Pioneering Group.
Independence Group’s nickel output at its Nova project is estimated at 25,000 tonnes for financial year 2018.
Jiangxi Copper released a notice, saying its net profits during first three quarters of the year is estimated to rise 50-70%.
Saying its estimated net profit during first three quarters of the year will reach 800-900 million yuan, rising 388%-449% compared with same period of last year.
With launch or restart of new supply plants, copper may become something of surplus supply next year.
Linyi Municipal Environmental Protection Agency of Shandong province released Notice on Instructions of Production Suspension & Limit of Provincial Steel Companies during Heating Season.
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