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del 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 operation=to extend it's life by 40 years and ha
nt stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT. LME Nickel stocks are up 0.03% to 304.6 kMT. Copper Vols are up —0.84%, Ali Vols down - 0.19% in =he front, Nickel Vols are up around 0.35%, Lead and Zinc Vols unch Upcoming Data 22/12-US Existing Home Sales- Survey 5.2m, Prior
del 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 operation=to extend it's life by 40 years and ha
nt stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT. LME Nickel stocks are up 0.03% to 304.6 kMT. Copper Vols are up -0.84%, Ali Vols down - 0.19% in =he front, Nickel Vols are up around 0.35%, Lead and Zinc Vols unch 2 EFTA_R1_01782636 EFTA02597221 Upcoming Data 22/12-US Exi
del 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 operation=to extend it's life 2 EFTA_R1_0178266
t stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT. LME Nickel stocks are up 0.03% to 304.6 kMT. Copper Vols are up - 0.84%, Ali Vols down - 0.19% in =he front, Nickel Vols are up around 0.35%, Lead and Zinc Vols unch Upcoming Data 22/12-US Existing Home Sales- Survey 5.2m, Prior
del 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 operation=to extend it's life by 40 years and ha
nt stocks are down 6.41% to 26.6 kMT. LME Copper s=ocks are flat 140.7 kMT. LME Nickel stocks are up 0.03% to 304.6 kMT. Copper Vols are up -0.84%, Ali Vols down - 0.19% in =he front, Nickel Vols are up around 0.35%, Lead and Zinc Vols unch 2 EFTA_R1_01784155 EFTA02598242 Upcoming Data 22/12-US Exi
f the 8.7 mMT C=inese copper consumption. Chinese smelters have signed the first ter= deal of 2015 to buy- 300kMT of blended copper concentrate from Chile's Codelco after buying the new blend o= the spot to trial it last year. The Spot Treatment and Refining Cha=ges that the smelters receive for the co
arrant stocks are up 2.44% to 69 kMT. LME Copper stocks are =p 1.27% to 279 kMT. LME Nickel stocks are flat at 310 kMT. Copper Vols are down 0.75%, Ali Vols are unch, Nicke= Vols are up 1.5%, Lead Vols are unch Zinc Vols are unch<=p> 2 EFTA_R1_01643143 EFTA02511125 Upcoming Data 10/3- China CPI YoY-
del 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 operation to extend it's life by 40 years and ha
. LME Copper stocks are flat 140.7 kMT. LME Nickel stocks are up 0.03% to 304.6 kMT. 3 EFTA_R1_02151756 EFTA02716187 Copper Vols are up —0.84%, Ali Vols down '-0.19% in the front, Nickel Vols are up around 0.35%, Lead and Zinc Vols unch Upcoming Data 22/12-US Existing Home Sales- Survey 5.2m, Prior
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 kMT Ravenst
ME 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 down -0.3% , Nickel vols are down 0.2, Lead and Zinc Vols unch Upcoming Data 15/12- US Empire Manufacturing- Survey 12, Actual -3.58, Prior 10.16
f 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 kMT Ravensth
ME 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 down -0.3% , Nickel vols are down 0.2, Lead and Zinc Vols unch Upcoming Data 15/12- US Empire Manufacturing- Survey 12, Actual -3.58, Prior 10.16
Entities connected to both Chile and Ali Vols

Jeffrey Epstein
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Barack Obama
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Marc Rich
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Philippines
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Daniel Sabba
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China
LOCATIONCopper Vols
ORGANIZATIONDoug Band
PERSONLME Nickel
ORGANIZATIONLME Copper
ORGANIZATIONShanghai Aluminium
ORGANIZATIONNickel Vols
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LOCATIONLME Aluminium
ORGANIZATIONZinc Vols
ORGANIZATIONVahe Stepanian
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ORGANIZATIONCodelco
ORGANIZATIONPrateek Jain
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