Buyer From:
United Kingdom
/
Quantity Requirement:
3000 Ton
We interested in sourcing copper cathode that meets the LME (London Metal Exchange) standard specifications. Requirements: Quantity: Up to 3000 tonnes/month Packaging: Palette with still banding Delivery Terms: CIF Incheon/Busan port Discharging Port: Incheon port, Korea Payment Terms: 100% Irrevocable Letter of Credit (LC) after contact and satisfactory site visit. Contract Duration: At least one year IMPORTANT/NOT NEGOTIABLE: The buyer will not make any down payments or deposit.
Buyer From:
Hong Kong S.A.R.
/
Quantity Requirement:
5000 Ton
Need Copper Scrap Cu Content Minimum 25% Destination Mundra Port India, 5000 MT per Month
BHP warns of short-term copper surplus due to uneven China recovery but anticipates significant price increases later.
Trafigura forecasts 10M tons of extra copper demand in the next decade due to EVs, AI, and infrastructure, boosting prices amid tight supplies.
Major miners like Rio Tinto and BHP struggle to acquire copper producers due to rising valuations and declining share prices amid economic slowdown.
Copper Standard and Pucara Gold are merging, with Copper Standard acquiring Pucara’s shares.
Inflection Resources and Fleet Space are using AI for a copper-gold survey in Australia’s Macquarie Arc to find new drill targets.
Gold has hit record highs this year but faces reduced demand from high prices. Geopolitical tensions may sustain investor interest.
Gold typically declines in September, but strong demand and central bank purchases might help counter this trend.
US Strategic Metals, Cobalt Corp., and Glencore AG are teaming up to process Chilean cobalt and copper in the US.
Vale may list its Base Metals division by late 2026,, and plans to invest $25 billion to boost copper and nickel.
Iron ore prices jumped over 4.6% due to China's stimulus and rising holiday demand, marking the largest increase in over a year.
BHP suspended Nickel West due to weak demand and supply issues. Nickel prices fell over 20%, with the market in surplus.