Tag: Copper

China demands copper supply commitments Anglo Teck merger approval sources say

China’s antitrust regulator has asked Anglo American to commit ​to supply the country with a steady flow of copper concentrate as a condition for approving its proposed $54 billion ‌merger with Canada’s Teck Resources, three people aware of the development said.

Copper futures hit record high as data center build-up, EV growth fuels demand

Copper futures hit a record high on Wednesday as demand for the base metal stays strong amid a rush to build data centers and the continued electrification of the global economy.