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Copper: 5 things to look for in 2017
The copper market has been characterised as one of ample supply and elevated global stocks, registering its sixth consecutive year of surplus and d...
Copper: How long will it take to return to a "new" normal
Wood Mackenzie’s Hun Hao Chuah presented at the 121 Mining Investment APAC Virtual Conference on 8th March 2021. Key themes include the decoupling ...
EU steel keels under pressure of soaring energy prices
European steelmakers idle almost 30 Million Metric Tonnes of steel capacity to rebalance the market amid a climate of soaring energy prices, high i...
China’s aluminium smelting power constraints are here to stay
On 26 August, the National Development and Reform Commission (NDRC) issued the “Notice on Improving Tiered Power Tariffs for the Aluminium Industry...
China's closed iron ore mines unlikely to restart
Despite high iron ore prices, we do not expect closed Chinese mines to restart production. Based on costs alone, an iron ore price of US$80/tonne i...
China's copper mines: Identifying key cost drivers
Over the past 18 months, the global copper mining industry has announced cuts of 865kt of metal from the market in response to lower prices. We cur...
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