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February 19, 2020
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Reuters - Business

Glencore fourth-quarter down in most metals but 2020 targets unchanged

Reuters
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo LONDON (Reuters) – Glencore posted a 6% fall in fourth-quarter copper production and a 13% decline in cobalt as the miner and trader shut its......
Reuters - Business

Glencore fourth-quarter copper output down 9%

Reuters
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Commodity miner and trader Glencore Plc reported a 9% fall in fourth-quarter copper production on Tuesday, as its Mutanda mine in the Democratic......
Reuters - Business

Miners face funding squeeze as green investing surges

Reuters
CAPE TOWN (Reuters) – As global investors shift away from heavy industry in favor of cleaner sectors, mining companies are losing billions in financing, raising the cost of capital and jeopardizing projects. FILE PHOTO – Organisers set up the stage before South Africa’s President Cyril Ramaphosa speech during the Investing......
Reuters - Business

China’s annual aluminum output falls for first time in 10 years: statistics bureau

Reuters
BEIJING (Reuters) – China’s annual aluminum production fell for the first time in 10 years in 2019, official data showed on Friday, hit by softer demand amid the Sino-U.S. trade row and large-scale smelter outages. Aluminum output in the world’s largest producer of the metal dropped to 35.04 million tonnes......
Reuters - Business

Thyssenkrupp steps up efforts to sell Industrial Solutions unit: FT

Reuters
FILE PHOTO: The logo of German steelmaker ThyssenKrupp AG is seen at the gate to Haus Rheinberg, a villa used for seminars in the valley of the small stream Wisper that confluents with the Europe’s largest waterway Rhine near Lorch, Germany, September 15, 2019. REUTERS/Wolfgang Rattay (Reuters) – German conglomerate......
Reuters - Business

Mexico accepts U.S. steel demand in USMCA trade deal, but with conditions

Reuters
MEXICO CITY (Reuters) – Mexico would accept a U.S. demand on steel in the United States-Mexico-Canada Agreement if the rule took effect at least five years after the trade pact’s ratification, Mexican Foreign Minister Marcelo Ebrard said on Sunday. FILE PHOTO: Mexico’s Foreign Minister Marcelo Ebrard speaks during the daily......
Reuters - Business

China copper imports hit 13-month high in November on improved factory activity

Reuters
BEIJING (Reuters) – China’s copper imports rose 12.1% in November from the previous month to their highest in more than a year, as an unexpected improvement in the manufacturing sector drove up demand. FILE PHOTO: A man stands near copper cathodes on a truck at a near Yangshan Deep Water......
Reuters - Business

China November iron ore imports down for second month as top miners ship less

Reuters
BEIJING (Reuters) – China’s iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills. FILE PHOTO: Piles of imported iron ore are seen at a......

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