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FUNDAMENTALS LME nickel rose 0.8% to $19,695 a tonne, aluminum fell 0.4% to $2,528 a tonne, ShFE nickel climbed 0.8% to 147,150 yuan a tonne and ShFE aluminum advanced 0.5% to 19,560 yuan a tonne. The premium of LME cash aluminum over the three-month contract stretched to $9.25 a tonne, the most since June 17, indicating tightening nearby supplies. Canadian copper miner First Quantum Minerals has shelved plans to sell a stake in its Zambian copper mines, Chief Operating Officer Tristan Pascall said on Wednesday. The union at BHP Group Ltd’s Escondida copper mine in Chile, the world’s largest, on Wednesday urged its members to vote to strike, saying the company was attempting to impose its will and its contract offer was “insufficient.”
London copper rises as weaker dollar lifts metal s appeal | Hellenic Shipping News Worldwide
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Canada s First Quantum shelves stake sale for Zambia copper mines
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