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re cutting output by up to 30%, causing the global lead surplus to fall to 7451 kMT Shanghai Aluminium on warrant stocks are down 6.55%=0 69.8 kMT. LME Aluminium on warrant stocks are down 2.47%% to 1957.7 kMT.=Shanghai Copper on warrant stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT
oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat
utting output by up to 30%, causing the global lead surplus to fall to 7451 kMT <=> Shanghai Aluminium on warrant stocks are down 6.55%=0 69.8 kMT. LME Aluminium on warrant stocks are down 2.47%% to 1957.7 kMT.=Shanghai Copper on warrant stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT
oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat
re cutting output by up to 30%, causing the global lead surplus to fall to 7451 kMT Shanghai Aluminium on warrant stocks are down 6.55%=0 69.8 kMT. LME Aluminium on warrant stocks are down 2.47%% to 1957.7 kMT.=Shanghai Copper on warrant stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT
oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat
utting output by up to 30%, causing the global lead surplus to fall to 7451 kMT <=> Shanghai Aluminium on warrant stocks are down 6.55%=0 69.8 kMT. LME Aluminium on warrant stocks are down 2.47%% to 1957.7 kMT.=Shanghai Copper on warrant stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT
oving from a value added tax regime to a royalty model which h=s been cited as the cause for the closure of the 117 kMT/yr Lumwana copper=mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn =nvestment to transform the Chuquicamata mine into an underground operat
re cutting output by up to 30%, causing the global lead surplus to fall to 7451 kMT Shanghai Aluminium on warrant stocks are down 6.55% to 69.8 kMT. LME Aluminium on warrant stocks are down 2.47%% to 1957.7 kMT. Shanghai Copper on warrant stocks are down 6.41% to 26.6 kMT. LME Copper stocks are flat 140.7 kMT
ving from a value added tax regime to a royalty model which has been cited as the cause for the closure of the 117 kMT/yr Lumwana copper mine, with First Quantum and Vedanta expected to follow suit. Chile's Codelco have approved a $3.3bn investment to transform the Chuquica=ata mine into an underground operat
prices followed the base complex, starting off higher before losing ground at 16:00. Shanghai Aluminium on warrant stocks are up 16.27% to 78.7 kMT. LME Aluminium on warrant stocks are flat at 2016kMT. Shanghai Copper on warrant stocks are up 18.57% to 18 kMT. LME Copper stocks are down 5% 144.2 kMT. LME Nick
demand on it's own, Escondida in Chile could produce 1mnMT/year —5% of world output. Nickel prices reached highs of $16860 this morning on news that First Quantum shut it's 38 kMT Ravensthorpe plant in Australia after a sulphuric acid spill and concerns that typhoon season in the Phillipines will lead to short
Entities connected to both LME Aluminium and First Quantum
Shanghai Aluminium
ORGANIZATION
Daniel Sabba
PERSONAli Vols
PERSON
Jeffrey Epstein
PERSONLME Nickel
ORGANIZATIONCopper Vols
ORGANIZATION
Chile
LOCATIONNickel Vols
ORGANIZATIONPrateek Jain
PERSON
Zambia
LOCATIONLME Copper
ORGANIZATIONRichmond Fed Manufacturing
ORGANIZATIONVedanta
ORGANIZATION
Shanghai Copper
ORGANIZATIONHenan
LOCATIONCodelco
ORGANIZATIONWilliston
LOCATIONLumwana
ORGANIZATIONEOD Commodities
ORGANIZATIONNickel and Aluminium
ORGANIZATION