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stocks are up 21.62% to 56 kMT.=LME Aluminium on warrant stocks are flat at 1839.8 kMT. Shanghai Copper on=warrant stocks are up 23.08% to 48.4 kMT. LME Copper stocks are up 2.4% to 170.9 kMT. LME Nickel stocks are down 2.55% to 317.8=kMT. Copper Vols are up 5.28%, Ali Vols are down 0.46%, Nickel Vol= up 6
that fundamentally ther could be a bullish story lurking. Cuts in copper mine output for geologica= and technical reasons such as the 150kMT cut at Escondida and the 100 KMT=cut at Kennecott are rasing questions as to whether the global surplus exp=cted in 2015 with Macquarie expecting the market to be ba
nt 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 Nickel stocks are up 0.27% to 307.5 kMT. ATM Copper Vols are down —0.83% in JAN, up —0.34% in the back, Ali Vols
ore strategy of squeezing out high cost producers. Their jointly owned Resolution project in Arizona could meet 25% of US copper 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 kM
nt 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 Nickel stocks are up 0.27% to 307.5 kMT. ATM Copper Vols are down —0.83% in JAN, up -0.34% in the back, Ali Vols
ore strategy of squeezing out high cost producers. Their jointly owned Resolution project in Arizona could meet 25% of US copper 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 its 38 kM
Entities connected to both LME Copper and Escondida

Daniel Sabba
PERSONAli Vols
PERSONLME Nickel
ORGANIZATION
Jeffrey Epstein
PERSON
Shanghai Copper
ORGANIZATIONZinc Vols
ORGANIZATIONShanghai Aluminium
ORGANIZATIONLME Aluminium
ORGANIZATIONMacquarie
ORGANIZATION
Chile
LOCATIONGansu province
LOCATIONPhillipines
LOCATIONShandong
LOCATIONAluminium, Zinc
ORGANIZATIONATM Copper Vols
ORGANIZATIONUS Empire
ORGANIZATIONMarkit Eurozone Composite PMI- Survey
ORGANIZATIONMarkit Eurozone Manufacturing PMI- Survey
ORGANIZATION