SMM Evening Comments (Jan 19): Shanghai Nonferrous Metals Mostly Closed with Gains amid Rising Commodity Prices

Aurubis commissioned the "Complex Recycling Hamburg (CRH)" I at its Hamburg site, a world-first facility with an investment of 190 million euros aimed at strengthening Europe's strategic metal recycling capabilities. The plant can process copper, lead, and sulfur simultaneously in a single production unit.

Poland's copper and silver producer KGHM adopted a new strategy on Friday, committing to invest more than 32 billion zloty ($8.55 billion) by 2030 while setting new production and profit targets.The plan, called "Strategy 2055+", targets payable copper production of 730,000 mt and silver production of 1,290 mt from 2026 to 2030.The company's chief executive officer, Remigiusz Paszkiewicz, said, "After 2035, we hope KGHM becomes a modern, multi-raw-material industrial group."He added that the company plans to build a new mine called "KGHM2.0" in Poland.

Um documento interno da empresa mostra que a mineradora chilena de cobre Antofagasta planeja apresentar um pedido de licenciamento ambiental no quarto trimestre deste ano para expandir as atividades de exploração em seus projetos Encierro e Volcanes. A medida representa um avanço importante para duas das opções de crescimento de longo prazo da Antofagasta na área do cobre. Atualmente, as grandes mineradoras globais correm para reabastecer seus portfólios de projetos de cobre, enquanto no Chile, principal país produtor, enfrentam desafios como processos de licenciamento, restrições hídricas e depósitos envelhecidos.