Copper prices soared on Wednesday to their highest in seven months after Chinese smelters, which process half of the world’s mined copper, agreed on a joint production cut.
Benchmark three-month copper on the London Metal Exchange (LME) CMCU3 touched $8,799 a metric ton, the highest since Aug. 1, 2023. It last traded 1.6% up at $8,790 as at 1055 GMT.
The rise started on the Shanghai Futures Exchange (SHFE), where copper SCFcv1 reached a two-year high of 70,460 yuan ($9,796) per ton.
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Jubilee Metals Group plc (LON:JLP) Chief Executive Officer Leon Coetzer caught up with DirectorsTalk for an exclusive interview to discuss key milestones, supporting copper growth in Zambia, new power purchase agreement, factors driving performance in South
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Jubilee Metals Group plc (LON:JLP) CEO Leon Coetzer joins DirectorsTalk Interviews to discuss its operational and project update for the quarter ended 30 September 2024. In this interview, Jubilee Metals Group CEO Leon Coetzer addresses key developments
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