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Copper prices rise to 10-year high, near record

Green Car Congress

The price of copper on the London Metal Exchange (LME) rose to $9,990/t on 29 April, marking a ten-year high and closing in on the record high LME price of $10,147.50/t In its new Copper Monthly Insights , Roskill said that the ongoing surge in copper pricing is taking impetus from President Biden’s new CO 2 targets.

Price 418
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LME copper prices at 9-year high

Green Car Congress

On 19 February, LME cash prices for copper hit a nine-year peak of US$8,806.50/t. Strong ocean swells delayed the loading of concentrate and refined metal shipments onto vessels from Chile and Peru during January, while delays of up to three months are reported in Ningbo port for containerized scrap to be inspected and cleared by customs.

Price 399
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Shell completes acquisition of Repsol S.A. LNG portfolio

Green Car Congress

billion of balance sheet liabilities relating to existing leases for LNG ship charters, substantially increasing the shipping capacity available to Shell’s LNG marketing business. The company’s already diverse and flexible portfolio will be boosted with LNG supply in the Atlantic from Trinidad & Tobago, and in the Pacific from Peru.

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Adani Group’s USD 1.2-bn copper plant to boost India’s metal production – ET Auto

Baua Electric

India’s copper production has been unable to meet this demand, and domestic supply disruptions have led to a higher dependency on imported copper. ” West coast, they said, provides Adani with an additional competitive advantage to cater seamlessly to domestic as well as international markets. million tonnes.

Auto 52
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UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

Green Car Congress

Fats and greases and inedible oils are opportunity feedstocks, but the US supply of fats and greases is probably on the order of less than 10 million barrels, closer to 1-2 million barrels on an annual basis. Really the question is can the feedstocks be procured at a price competitive to petroleum oil. That’s a big sum.

Renewable 247