Low-Carbon Development to Stimulate Mineral and Metal Demand

Published: Sep 13, 2017 17:41

Save

The shift to clean energy will boost demand for related minerals and metals, according to a report by the World Bank.

SHANGHAI, Sept. 13 (SMM) – The shift to clean energy will boost demand for related minerals and metals, according to a report by the World Bank.

Chile Copper Exports Rise to 6-Month High in July, Escondida Copper Output Jumps

With low-carbon development, demand for aluminum, copper, lead, lithium, manganese, nickel, silver, steel, zinc and rare earth.

LME Copper Net Longs Fall Sharply Last Week after Growing for 7 Weeks

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals copper aluminum zinc nickel tin lead

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

51 mins ago

Hudbay Minerals Breaks Ground on New Ingerbelle Expansion at Copper Mountain Mine, Extending Life to 2040

Hudbay Minerals held a formal groundbreaking ceremony on Tuesday for the New Ingerbelle expansion project at its Copper Mountain Mine in British Columbia, Canada.The New Ingerbelle expansion is expected to extend the Copper Mountain Mine’s life beyond 2040, improve operational efficiency, and support long-term copper production.The expansion is designed to mine a higher-grade mineralized zone with a stripping ratio approximately one-third that of the current mining area.Based on existing reserve estimates, the New Ingerbelle project is expected to produce approximately 750,000 mt of copper, 900,000 ounces of gold, and 5.5 million ounces of silver over the remaining mine life.

51 mins ago

53 mins ago

Oyu Tolgoi Resumes Copper Concentrate Shipments After Protest Blockade Ends

Rio Tinto’s Oyu Tolgoi gold-copper mine in Mongolia announced on social media the resumption of copper concentrate shipments. The mine had announced the previous day that from 9 a.m. local time on June 17, civil groups blocked a concentrate transport route at the mine, causing a halt to planned concentrate shipments. Oyu Tolgoi is one of the world’s most important copper mine projects and is critical to Rio Tinto’s copper sales growth strategy. The mine is still ramping up to operate at full capacity and is expected to become the world’s fourth-largest operating copper mine. Meanwhile, the project is also vital to Mongolia’s economy, with its exports accounting for a significant portion of the country’s GDP.

53 mins ago

1 hour ago

Fed Holds Rates, Dot Plot Signals Hawkish Stance with Potential Rate Hike This Year

US Fed June FOMC "Warsh Debut" — rates held steady at 3.50%-3.75% (fourth consecutive hold), but the dot plot was unexpectedly hawkish: nine officials projected at least one rate hike this year, and the median was raised from 3.4% to 3.8%. Warsh himself "did not submit a projection" in the dot plot, which was interpreted as a complete overhaul of the forward guidance framework. In the short term, this weighs on copper prices, but the fundamental tight balance remains unchanged.

1 hour ago