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HomeCopper

Copper

Big Oil Companies

Daily Energy Standup Episode #263 – Opt-Outs, Copper Surges, EV Challenges, and Global Transition Struggles

December 5, 2023 Andy Del Prado

Daily Standup Top Stories Chevron, Exxon opt out of funding COP28 methane-reduction fund December 4, 2023 Mariel Alumit (Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant […]

Copper
Critical Minerals

Copper climbs to 11-week high on Panama mine risk, shortfall

December 4, 2023 Mariel Alumit

Copper advanced to the highest level in 11 weeks on concerns over the looming shutdown of a large mine in Panama and amid expectations of a widening ore supply deficit in 2024. The Panama government has […]

Big Oil Companies

Daily Energy Standup Episode #260 – Copper Supply Concerns, LNG Cruise Ships, and Geopolitical Shifts in the Oil Trade

November 30, 2023 Andy Del Prado

Daily Standup Top Stories Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024 November 29, 2023 Mariel Alumit Reduced supply from major copper producers Panama and Peru may flip the global […]

copper
Critical Minerals

Dwindling copper supply from Panama and Peru could wipe out global surplus in 2024

November 29, 2023 Mariel Alumit

Reduced supply from major copper producers Panama and Peru may flip the global copper market into a deficit from surplus in 2024 or at least tighten oversupply if the disruptions are not resolved in coming […]

Unrealized Losses
Coal

Raising capital now biggest risk to mining companies after ESG

October 16, 2023 Mariel Alumit

Global mining and metals executives still view environment, social and governance (ESG) as the top risk facing their business over the next 12 months, but access to capital has now also become a major worry, […]

Loading high-grade copper concentrate at the Kamoa-Kakula copper mine in Congo. (Image courtesy of Ivanhoe Mines.)
Commodities

Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast

September 23, 2023 Mariel Alumit

Global copper and aluminum supply deficits may cause prices to soar within a few years while steel may drop, according to a new report on metals. A 5.4-million-ton (4.9-million-tonne) copper supply shortfall by 2027 may […]

Copper
Critical Minerals

Copper price hits three-month high amid demand hopes, supply risks

July 31, 2023 Mariel Alumit

Copper hit a three-month high as it headed for its biggest monthly advance since January, supported by growing optimism over Chinese demand and mounting supply risks in Chile On the demand side, Beijing’s leadership has […]

minerals
Critical Minerals

The global fight for critical minerals is costly and damaging

July 21, 2023 Mariel Alumit

It’s an all-too-familiar statement: in a zero-carbon world, certain chemical elements will be as important as oil and gas are to a fossil-fuel-powered world. These include the nickel, lithium and cobalt used in batteries, as […]

minerals
CCUS

No way out | Critical minerals supply crunch is going to hurt green transition, warns McKinsey

July 6, 2023 Mariel Alumit

Even with low transition 2.4 ̊ C scenario, minerals and metals needed for lower-carbon technologies face shortages by 2030, consultancy calculates The world is heading for a turbulent period of energy transition where constraints on […]

Copper
Critical Minerals

Planned Wyoming Mine May Help Avoid Copper Supply ‘Train Wreck’

July 6, 2023 Mariel Alumit

A billionaire financier in the mining industry says the world is headed toward a “train wreck” as the demand for copper will greatly outstrip the supply if nothing changes. This means the $250 million CK Gold […]

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