News

Shanghai Metals Market10h
Barrick CEO: Despite the US's tariff hike, the long-term trend of copper prices remains positive
On Friday, July 11, Mark Bristow, CEO of Barrick Mining Corp, stated in Zambia that despite the short-term fluctuations in copper prices caused by the US's impending 50% tariff increase, copper miners ...
Shanghai Metals Market10h
First Quantum: Investment in Prospect is Key to Extending the Lifespan of Zambian Copper Mines
First Quantum recently completed a $1.25 billion expansion project at the Kansanshi copper mine and the Enterprise nickel operation. The expansion will extend the life of Kansanshi to 2046 and ...
Shanghai Metals Market10h
Freeport-McMoRan is expected to benefit from US tariffs on copper
If the US implements tariff measures on copper, Freeport-McMoRan could see an annual profit increase of $1.6 billion, a benefit derived from its status as the largest copper producer in the US and its ...
Shanghai Metals Market1d
Prices of High-grade NPI And Refined Nickel Are Under Pressure, With Market Showing Signs Of Adjustment
This week, both the high-grade NPI and refined nickel markets remained in the doldrums, though some indicators showed ...
Shanghai Metals Market1d
【SMM Analysis】High-Grade Lithium Discovery in Rwanda Sparks Mining Sector Optimism
Initial assays from the HCK joint venture project, announced on July 10, revealed a 6.9-meter lithium-rich intercept at 174.6 ...
Shanghai Metals Market1d
Lithium Battery Industry Chain Giants Set Eyes on Southeast Asia to Navigate Competitive Landscape
In recent years, against the backdrop of profound changes in the global new energy industry landscape, Chinese lithium ...
Shanghai Metals Market1d
The OBBBA Era: Remaking the U.S. solar PV supply chain
On July 4, 2025 (U.S. Eastern Time), the One Big Beautiful Bill Act (OBBBA) was officially signed into law by President Trump ...
Shanghai Metals Market1d
How Much Copper Demand Can This Year’s "Misleading" PV Installations Actually Drive?[SMM Analysis]
How Much Copper Demand Can This Year’s "Misleading" PV Installations Actually Drive? ] The newly released photovoltaic (PV) installation figures from China’s National Energy Administration (NEA) have ...
Shanghai Metals Market1d
Supply and demand are at a standstill, with magnesium prices holding up well this week [SMM Weekly Magnesium Review]
[SMM Weekly Magnesium Review: Supply and Demand at a Stalemate, Magnesium Prices Held Up Well This Week] This week, the magnesium ingot market generally exhibited a fluctuating rangebound trend, ...
Shanghai Metals Market1d
It is unclear how the US's unclear stance on copper tariffs will affect copper trade flows [SMM analysis]
SMM Analysis] This week, the Trump administration suddenly announced that it would impose a 50% tariff on copper starting August 1. Upon the news, COMEX copper prices surged to a record high (the ...
Shanghai Metals Market1d
BMI under Fitch: Global copper mine production expected to grow by an average of 2.9% annually over the next decade
On July 10 (Thursday), according to a new report from BMI, a unit of Fitch Solutions, global copper mine production is expected to grow at an average annual rate of 2.9% over the next decade, rising ...
Shanghai Metals Market1d
Aluminum rod processing fees plummeted in June, with dismal transactions and supply-side facing production cuts [SMM Analysis]
According to the latest monthly survey data from SMM, the total production of aluminum rods nationwide in June 2025 was 390,000 mt, a decrease of 27,000 mt from May. After adjusting for the number of ...