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  2. LME Copper - Wikipedia

    en.wikipedia.org/wiki/LME_Copper

    Despite the small share of physical copper associated with LME Copper contracts, their prices act as reference prices for physical global copper transactions. [5] This practice started in 1966, when Zambia, Chile, and most Copper-producing countries abandoned fixed price copper contracts, and announced that they would set copper contract prices based the average monthly price of the nearest ...

  3. Freeport-McMoRan (FCX) Q4 2024 Earnings Call Transcript - AOL

    www.aol.com/finance/freeport-mcmoran-fcx-q4-2024...

    I'm going to review markets on Slide 5, and you can see where copper prices have been, they traded in a broad range during the year 2024 between $3.67 per pound and $4.92 per pound, averaging $4. ...

  4. Prices of chemical elements - Wikipedia

    en.wikipedia.org/wiki/Prices_of_chemical_elements

    This is a list of prices of chemical elements. Listed here are mainly average market prices for bulk trade of commodities. Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison.

  5. London Metal Exchange - Wikipedia

    en.wikipedia.org/wiki/London_Metal_Exchange

    The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market [1] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. [2] The company also allows for cash trading.

  6. ‘Copper is the new oil,’ and prices could soar 50% as AI ...

    www.aol.com/finance/copper-oil-prices-could-soar...

    "But I go back to the 2000s, I was bullish on oil then as I am on copper today." ... Coppers prices are already at record highs, with benchmark prices in London at about $10,000 per ton, more than ...

  7. List of countries by copper exports - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    The following is a list of countries by refined copper exports. Data is for 2012, 2018 and 2023, in millions of United States dollars , as reported by The Observatory of Economic Complexity . Currently the top ten countries are listed.

  8. Codelco sets record benchmark copper premium for Europe ... - AOL

    www.aol.com/news/codelco-sets-record-benchmark...

    Chile's Codelco, the world's biggest copper miner, has agreed a record benchmark premium for European buyers at $234 a tonne for 2023, up 83% from this year, two copper industry sources said.

  9. State Reserves Bureau copper scandal - Wikipedia

    en.wikipedia.org/wiki/State_Reserves_Bureau...

    Price of copper 1959-2022 A copper nugget. The State Reserves Bureau copper scandal refers to a loss of approximately US$150 million as a result of trading LME Copper futures contracts at the London Metal Exchange (LME) by rogue trader Liu Qibing, who was the chief trader for the Import and Export Department of the State Regulation Centre for Supply Reserves (SRCSR), the trading agency for the ...