-
Glencore says Australia copper smelter unviable, asks for government help
Glencore has called its Mount Isa copper smelter unviable and is waiting to hear back on its requests for assistance from state and federal governments to keep the facility open amid tough global conditions, it said on Friday. The UK-listed miner has been sounding the alarm in local media about its Mount Isa smelting business in Queensland state as its related mining operations are set to close next month. It will then have to procure copper concentrate to process when excess global smelting capacity has pushed global processing fees to historic lows. "A combination of unprecedented smelting market conditions, high ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From dailyforex.com|Jun 20, 2025Silver has been negative during the Thursday session, but you need to keep in mind that Thursday was not a normal session for the futures market as it was Juneteenth in the United ...
From cnbc.com|Jun 20, 2025China’s latest shopping festival, which wrapped up Wednesday, pointed to a pickup in consumption, as e-commerce companies reported strong sales of consumer electronics, as well as ...
From morningstar.com|Jun 20, 2025|7 commentsThe president is testing the Fed's limits -understanding his thinking could protect your financial future Behind all these political theatrics lies a classic Washington feud. ...
-
- Newer Stories
From cnbc.com|Jun 20, 2025Japan has been quietly blazing a trail for supply chain resilience. Long before China in early April imposed an export ban on several rare earth elements and magnets widely used ...
From @NaeemAslam23|Jun 20, 2025|35 commentsIRAN OPEN TO TALKS ON LIMITING URANIUM ENRICHMENT An Iranian official has confirmed Tehran is ready to discuss limits on its nuclear uranium enrichment. The diplomatic overture comes amid heightened regional tensions and may signal a bid to ease sanctions pressure. Markets may… pic.twitter.com/uMQnaV7Bgx SENIOR IRANIAN OFFICIAL: ZERO ENRICHMENT WILL UNDOUBTEDLY BE REJECTED , 'ESPECIALLY NOW, UNDER ISRAEL’S STRIKES' SENIOR IRANIAN OFFICIAL THE ROLE OF EUROPEAN POWERS IS NOW MORE PROMINENT, AS TEHRAN IS UNWILLING TO ENGAGE WITH U.S. AMID ISRAELI ATTACKS https://t.co/WKukPooSn2
From statcan.gc.ca|Jun 20, 2025In May, prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), declined 0.5% month over month and increased 1.2% year over year. ...
- Story Stats
- Jun 20, 2025 6:05am Posted byFundamental Analysis212
