Green Car Congress
MAY 1, 2021
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.
Green Car Congress
FEBRUARY 20, 2021
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.
Baua Electric
JANUARY 7, 2024
Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. The Chinese government’s potential moves, including lowering the Required Reserve Ratio (RRR) for major banks, could further energize metal demand and support copper prices.
Green Car Congress
JANUARY 2, 2014
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. These are expected to lead to a net cash purchase price of $3.8 billion (subject to post closing adjustments), compared to purchase price of $4.4 Peru LNG 4.45
Baua Electric
APRIL 15, 2024
Driven by renewed interest in commodity assets, copper prices rallied 10% since the start of this year on London Metal Exchange. Copper prices also hit record high on Shanghai Futures Exchange (Shfe) and neared a two-year high of USD 4.34 When prices hit USD 4.50 per pound last Friday on Chicago Mercantile Exchange.
Baua Electric
FEBRUARY 4, 2024
India’s copper production has been unable to meet this demand, and domestic supply disruptions have led to a higher dependency on imported copper. Also, upcoming mining projects across the globe are likely to boost the supply of copper concentrate in the medium term, leading to a demand-supply balance.
Green Car Congress
JULY 21, 2012
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.
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