RIO Jan 2025 30.000 put
- Zacks
VALE's Q1 Iron Ore & Copper Output Increase Y/Y, Nickel Lags
VALE delivers first-quarter iron ore production of around 71 million tons (MT) and reiterates its 2024 iron ore production goal between 310 MT and 320 MT.
- Bloomberg
Iron Ore Seen Revisiting $100 as China’s Housing Woes Worsen
(Bloomberg) -- Iron ore is likely to revisit $100 a ton by the end of the year before falling further to $85 in 2025 as China’s housing market collapse worsens, according to Capital Economics Ltd.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?China Tells Iran Cooperation Will Last After Attack on IsraelPowell Signals Rate-Cut Delay After Run of Inflation SurprisesRed Lobster Considers Bankruptcy to
- Reuters
Rio Tinto aims to keep Resolution's copper in US, executive says
Rio Tinto aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, a senior executive said on Tuesday. The Arizona mine would, if developed, over its life produce more than 40 billion pounds (18.1 million metric tons) of copper and supply more than a quarter of U.S. demand, but it is strongly opposed by some Native Americans given concerns the project could destroy a site of religious and cultural import. That has placed Resolution at the center of a simmering debate about where best to secure copper and other critical minerals for the clean energy transition.
