Codelco articles & resources on Made-in-China.com

Chile Exported 3,901 Metric Tons of Molybdenum in March, up 10.9%

May 8, 2014

Chile exported 3,901 metric tons of molybdenum in March, up 10.9% from the same month a year ago, and 10,502 mt of molybdenum during the first three months of 2014, a 21.4% jump from 8,654 mt in Q1 2013, the Chilean Copper Commission said ...

Tags: Molybdenum Exports, Copper

The Price of Copper Remains Within Its Expected Range

Apr 23, 2014

The price of copper remains within its expected range despite a recent dip below $3/lb while continued demand from China bodes well for prices over the long term, the CEO of Codelco, the world's largest producer of the red metal, said ...

Tags: copper, copper price

New York Trade on Thursday May Copper Changed Hands at $2.936 a Pound

Mar 21, 2014

In afternoon New York trade on Thursday May copper changed hands at $2.936 a pound, erasing all of yesterday's strong gains. Earlier in the day the red metal fell as low as $2.913, down more than 2%, after Federal Reserve Chair Janet ...

Tags: copper, red metal, copper price

FTT's South American Operation Has Been Awarded a Contract Valued at US$190 Million

Nov 15, 2013

Finning International Inc. (TSX:FTT) announced today that its South American operation has been awarded a contract valued at US$190 million with Codelco, Chile's state owned copper mining company. Under this contract, Finning will supply ...

Tags: Finning International, award, finning, Codelco

POSCO Wants to Find Salt Lake to Produce Lithium at Low Cost

Mar 18, 2013

Korean steel giant Posco is visiting Chile and Argentina in a bid to find salt lake to produce lithium at low cost. President and CTO of Posco, Ohjoon Kwon said that the company is flying to Argentina and Chile to talk about the energy ...

Tags: POSCO, steel giant, steel

Workers at The World's Biggest Copper Mine Rejected an Early Pay Offer

Dec 28, 2012

Reuters reported that workers at the world's biggest copper mine,Chile's Escondida,have rejected an early pay offer made by mine controller BHP Billiton. A union leader said that the risk of a strike appears remote,however,because it is ...

Tags: Escondida copper mine workers, reject early wage offer, Chile

Higher Operating Costs Remain Entrenched

Dec 27, 2012

Fitch Ratings Director Jay Djemal said that Latin American Metals and Mining observed that higher operating costs remain entrenched. The report said that “Higher operating costs will continue in 2013 for metals and mining. Cost ...

Tags: metals, Mining, mining exports, copper miners

China's Commitment Should Give The Global Copper Market a Healthy Boost

Dec 14, 2012

Mr Thomas Keller CEO of Corporación Nacional del Cobre de Chile said that China's commitment to urbanization and industrialization should give the global copper market a healthy boost in the coming years. Mr Keller said that ...

Tags: copper market, iron ore price news, copper tube sizes, copper scrap

There's Sound and Solid Interest From Customers in China for Next Year

Dec 13, 2012

Bloomberg quoted Codelco as saying that there's sound and solid interest from customers in China for next year amid signs of an economic recovery in the world's biggest market for the metal. Mr Thomas Keller CEO of Codelco said that ...

Tags: world's biggest market for the metal, Codelco, Bloomberg

Codelco Is Hopeful About Reaching a New Labor Deal with Its Union

Dec 13, 2012

Reuters reported that Codelco is hopeful about reaching a new labor deal with its union at the massive Chuquicamata mine. Mr Thomas Keller CEO of Codelco said that "We're optimistic. It's a complex negotiation but we're hoping that with ...

Tags: Codelco, copper market, mining industry

Reuters Reported That Unionized Workers at Chile's Escondida Have Early Labor Talks

Dec 13, 2012

Reuters reported that unionized workers at Chile's Escondida have voted in favor of early labor talks with the mine's controller, global miner BHP Billiton. A union leader said that Escondida's union stunned the copper market last ...

Tags: labor talks, copper market, mine union

Company Expects The Global Copper Market to Swing Into a Slight Surplus in 2013

Dec 13, 2012

Reuters cited Mr Thomas Keller CEO of Codelco as saying that company expects the global copper market to swing into a slight surplus in 2013 after several years of deficit but the small excess will have little impact on prices. ...

Tags: copper market, copper price, global economy

China's Large Copper Smelters Are Offering 2013 Exports of Refined Cathode

Dec 12, 2012

Reuters reported that China's large copper smelters are offering 2013 exports of refined cathode at cheaper premiums ranging from about 12% to 21% less as they compete with major suppliers such as top world producer Codelco boosting supply ...

Tags: copper smelters, copper cathodes, premiums

Production of Molybdenum Concentrates During The Q3 of 2012 Reflected The Downward Trend

Dec 7, 2012

Production of molybdenum concentrates during the Q3 (July to September) of 2012 by major miners was 66.92 million pounds reflecting the downward trend since the beginning of 2012, following 69.28 million pounds during the Q1 (January to ...

Tags: Molybdenum, Molybdenum Production, Production of molybdenum concentrates

Copper Supply Shortages Will Extend Into The First Half of Next Year as an Accelerating

Dec 6, 2012

Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...

Tags: copper, supply shortage, metal, mines extract, slowing growth

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