MMi Daily Iron Ore Report (March 28)
DCE iron ore futures tight. The main contract has been changed to I2409, closed at 758, an decrease of 0.85% throughout the day; Market wait-and-see sentiment increased.
Overview of the output of the world's top ten copper ore producing countries in 2023
According to the United States Geological Survey (USGS), global copper reserves were 1 billion tons in 2023. Countries rich in copper resources mainly include Chile (190 million tons), Australia (100 million tons), Peru (120 million tons), and Russia (80 million tons), Mexico (53 million tons) and the United States (50 million tons), etc. In terms of output, global copper output from ore in 2023 was 22 million tons. The main copper-producing countries were Chile (5 million tons), Peru (2.6 million tons), China (1.7 million tons), and the United States (1.1 million tons).
Cobalt intermediate product prices are likely to extend small declines
Cobalt intermediate product prices inched lower in the week ending March 28.
Refined cobalt prices remain bearish
Refined cobalt prices continued to fall in the week ending March 28.
The view of copper, gold, zinc, lithium and other markets performance of Zijin Mining in 2024
Copper and gold, as metals with outstanding performance in the market, have always attracted much attention from the market. The performance report and performance briefing of Zijin Mining, a mining giant that owns copper and gold, have also attracted much attention.