News
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Codelco aims for upper end of copper production range, plans to return to bond market, CEO says
SANTIAGO, April 8 (Reuters) - The CEO of Chile's Codelco, Ruben Alvarado, said on Tuesday that the company aims to bring its copper production to the upper end of its estimated range this year, now expecting to reach 1.39 million metric tons.Speaking to Reuters at the CRU World Copper Summit in ...Reuters
Tue, Apr 8
CF Industries Announces JV With Jera And Mitsui For Production And Offtake Of Low-Carbon Ammonia
April 8 (Reuters) - CF Industries Holdings Inc CF.N:CF INDUSTRIES ANNOUNCES JOINT VENTURE WITH JERA CO., INC., AND MITSUI & CO., INC., FOR PRODUCTION AND OFFTAKE OF LOW-CARBON AMMONIACF INDUSTRIES HOLDINGS INC -START-UP OF LOW-CARBON AMMONIA PRODUCTION EXPECTED TO BEGIN IN 2029CF INDUSTRIES HOLD...Reuters
Tue, Apr 8
Canadian oil and gas CEOs avoiding 'rash' decisions during price rout
By Amanda Stephenson TORONTO, April 8 (Reuters) - The CEOs of two Canadian oil and gas producers said on Tuesday they are seeking to avoid making rash decisions, as global oil prices hover around four-year lows and recession fears grow.Doug Bartole, CEO of Calgary-based InPlay Oil IPO.TO, said hi...Reuters
Tue, Apr 8
Trump will not offer tariff exemptions in near term, Greer says
WASHINGTON, April 8 (Reuters) - United States Trade Representative Jamieson Greer said exemptions to President Donald Trump's global tariffs are not expected in the near term. "The president has been clear, again, that he's not doing exemptions or exceptions in the near term," Greer ...Reuters
Tue, Apr 8
US tells UN: we have no patience for bad faith talks on war in Ukraine
WASHINGTON, April 8 (Reuters) - The United States "will have no patience for bad faith negotiation or violation of commitments" as it seeks to end the war in Ukraine, acting U.S. Ambassador to the United Nations Dorothy Shea told the Security Council on Tuesday. "We will ultimately judge...Reuters
Tue, Apr 8
Freeport McMoRan CEO says copper industry needs more shared mine deals
SANTIAGO, April 8 (Reuters) - The copper industry needs to do more sharing deals like the recent Codelco-Anglo American partnership at Andina and Los Bronces in Chile, said Freeport McMoRan CEO Kathleen Quirk on Tuesday. "We need to do more of those types of deals where we're sharing essenti...Reuters
Tue, Apr 8
China has not indicated that it wants trade reciprocity, Greer says
By Bo Erickson and David LawderWASHINGTON, April 8 (Reuters) - U.S. Trade Representative Jamieson Greer told senators that China has not indicated that it wants to work toward trade reciprocity."Unfortunately, China for many years seems to be choosing its own path on market access," Greer to...Reuters
Tue, Apr 8
Rio Tinto hopes Trump provides favorable path for Resolution copper mine
SANTIAGO, April 8 (Reuters) - Miner Rio Tinto RIO.L sees U.S. President Donald Trump's administration showing more interest in a bigger copper supply chain and hopes that will help push forward its Resolution mine project in Arizona, Rio's copper CEO Katie Jackson said on Tuesday."We hop...Reuters
Tue, Apr 8
TIMELINE-Iran's tangled nuclear dispute with the West
April 8 (Reuters) - Iran and the U.S. will hold talks on Saturday on Iran's nuclear programme, with U.S. President Donald Trump having threatened military action if they cannot agree a deal. Iran's nuclear programme has been the subject of a long dispute between it and Western countries that...Reuters
Tue, Apr 8
Brazil protesters lift blockade of Amazon grain shipping route
By Ana Mano SAO PAULO, April 8 (Reuters) - Brazilian indigenous protesters have lifted a blockade of the Trans-Amazonian Highway, reopening a critical grain shipping route linking farmers to the Miritituba river port, traders association Abiove and a toll road operator said on Tuesday. Munduruku ...Reuters
Tue, Apr 8
Silver Price Forecast: XAG/USD jumps to near $30.50 on potential US-China trade war
Silver price (XAG/USD) advances to near $30.50 during North American trading hours on Tuesday. The white metal strengthens as its safe-haven appeal has increased, with traders becoming increasingly concerned over the outlook of trade relations between the United States (US) and China.
Fxstreet
Tue, Apr 8
US natgas prices climb 2% on lower daily output, rising LNG export flows
US gas production on track to decline in April from record high in MarchUS LNG export feedgas on track to hold at record high in AprilUS gas inventories on track for rare build in MarchBy Scott DiSavino April 8 (Reuters) - U.S. natural gas futures climbed about 2% on Tuesday on a drop in daily ou...Reuters
Tue, Apr 8
Ukrainian steelmaker Metinvest gets coking coal from US
KYIV, April 8 (Reuters) - Ukrainian steelmaker Metinvest has received the first batch of U.S. coking coal aimed at compensating for the suspension of production at Ukraine's only coking coal mine, the company said on Tuesday.The bulk carrier Bison delivered 80,000 metric tons of coal from Metinv...Reuters
Tue, Apr 8
OPEC+ sticks to production increase for the time being – Commerzbank
At a virtual meeting of the Joint Ministerial Monitoring Committee (JMMC) of the OPEC+ oil ministers at the weekend, the only thing that was apparently discussed was better compliance with existing production targets, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Apr 8
Trump touts potential great deal with South Korea
WASHINGTON, April 8 (Reuters) - U.S. President Donald Trump said on Tuesday he discussed tariffs, shipbuilding and potential energy deals in a "great" call with acting South Korean President Han Duck-soo."We have the confines and probability of a great DEAL for both countries. Their top ...Reuters
Tue, Apr 8
COLUMN-Annual zinc processing benchmark looks bullish but isn't: Andy Home
By Andy Home LONDON, April 8 (Reuters) - Zinc has been the consistent under-performer of the London Metal Exchange (LME) base metal pack since the start of 2025 and this year's benchmark smelter treatment charge reinforces the galvanising metal's bear narrative. Korea Zinc 010130.KS and C...Reuters
Tue, Apr 8
Pakistan's army vows to protect investors in billion-dollar mining sector in conflict zone
By Asif Shahzad ISLAMABAD, April 8 (Reuters) - Pakistan will provide robust security to protect the interests of investors and partners, its army chief told a minerals conference on Tuesday, amid heightened unrest in key mineral-rich province Balochistan.Pakistan is hosting a two-day mines and mi...Reuters
Tue, Apr 8
CBOT Trends-Wheat up 6-7 cents, corn up 2-3, soy up 9-10
CHICAGO, April 8 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday.WHEAT - Up 6 to 7 cents per bushel* CBOT wheat futures ticked higher on weather risks in the U.S. Plains and a weaker ...Reuters
Tue, Apr 8
