BASE METALS

China spiting itself by 'weaponising' copper

China’s dumping of metals, including copper, in an effort to "discipline the US" is set to lower copper supply and boost prices which in turn will mostly impact the world’s largest consumer of the red metal – China itself.

The underground development part of Ivanhoe and Zijin's Kamoa-Kalula copper project

The underground development part of Ivanhoe and Zijin's Kamoa-Kalula copper project

Hallgarten & Company analyst Christopher Ecclestone said in a note this week that China's "weaponisation" of copper by flooding the market with its stockpiled supply in retaliation for US trade tariffs...

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