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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.

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Shell completes acquisition of Repsol S.A. LNG portfolio

Green Car Congress

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

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Where to Get the Most Bang for Your Buck

Baua Electric

This economic advantage could make far-flung bucket list destinations in Asia, such as Indonesia, Vietnam and Japan, or in South America, like Peru, Argentina and Chile, more accessible than ever before,” she added. Jucy recently priced a two-person van rented for a week in July at about $53 a night. Despite the strength of the U.S.

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Copper output at Chile’s Codelco set to rise this year, CESCO says – ET Auto

Baua Electric

CESCO last year warned that the company, which represents about a quarter of Chile’s copper output , could become insolvent if it didn’t meet production promises. Driven by renewed interest in commodity assets, copper prices rallied 10% since the start of this year on London Metal Exchange. When prices hit USD 4.50

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SpaceX to launch quartet of mini geostationary satellites in 2023

Teslarati

As of March 2022, Astranis has secured contracts to build 11 MicroGEO satellites for a range of customers: one for Alaska’s Pacific Dataport, eight for in-flight and at-sea connectivity provider Anuvu, and one or two for Peru’s Grupo Andesat.

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ClearRefining Process Upgrades ULSD to Lighter, Cleaner-Burning Fuel; Nevada Designates it an Alternative Fuel

Green Car Congress

ARC is currently selling GDiesel at the same price as regular diesel through five local and regional Nevada distributors, including Golden Gate Petroleum, one of the largest fuel distributors in Northern Nevada and Northern California.

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

Baua Electric

On impact of the plant on global prices of copper concentrate, sources said more copper concentrate assets would get operational in the future as a result of India’s new exploration and auction policy. On the operational front, the company is engaged in long-term supply agreements for the key raw material — copper concentrate.

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