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Bulk Copper Prices Soar During Chile Port Strike – gCaptain


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In Chile, a group of port workers this week began protests against the government’s pandemic relief policies, threatening near-term supplies and contributing to higher commodity prices.
(Bloomberg) Copper’s stunning rally toward all-time highs above $10,000 is accelerating, with bulls swarming in to profit as stimulus measures, vaccine rollouts and climate pledges fuel a global recovery from the pandemic.
Copper on Tuesday extended gains to the highest in a decade as global growth underpinned a rally in metals markets ranging from aluminum to iron ore. Palladium climbed toward $3,000 an ounce. Commodities are advancing toward the highs of the last supercycle, when prices spiked in the early 2000s with a jump in Chinese orders. ....

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Copper: Upside risks dominate in the second quarter | Hellenic Shipping News Worldwide

Copper: Upside risks dominate in the second quarter | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Blast at Chinese Battery Recycler Draws Attention to Industry's Supply Chain Risks


Blast at Chinese Battery Recycler Draws Attention to Industry’s Supply Chain Risks
By Annie Lee | January 8, 2021
China’s biggest battery manufacturer has urged a focus on safety issues after an explosion at a recycling affiliate, which has drawn attention to the risks in the industry’s supply chain.
The blast at a Hunan Brunp Recycling Technology Co. factory in Hunan province killed one person and seriously injured six others, the local government said on its official Weibo. Hunan Brunp is a unit of Guangdong Brunp Recycling Technology Co., a subsidiary of Contemporary Amperex Technology Co.
Brunp said in a statement on its WeChat that the explosion was caused by fire from waste aluminum foil, adding that it will conduct investigations for any further potential dangers and ensure safe production going forward. The incident has limited impact on CATL’s production and operations, and the company will strengthen the impleme ....

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