GLOBEALERT

Feed

Open sources, classified and cross-checked. 3+ stories.

BUSINESS1d agoCopper climbs on China stimulus hopes, Chile mine supply risksCopper prices are rising due to anticipated stimulus measures from China and potential supply risks from mines in Chile. This indicates market sensitivity to global economic factors and supply chain stability.Seeking Alpha Tech
POLITICSJul 31Chile’s Kast courts China day after US hits exports with forced labour tariffChilean President Jose Antonio Kast received China’s ambassador to Santiago, Niu Qingbao, at the La Moneda Palace on Friday morning, in an encounter that lasted more than an hour and marked the first meeting between the two men since the right-wing leader took office in March. According to the presidency, Kast, Foreign Minister Francisco Perez Mackenna and Foreign Affairs Undersecretary Patricio Torres used the meeting to review their bilateral agenda, the minister’s coming trip to China and the...South China Morning Post
BUSINESSJul 22Chile hunts for copper buyers beyond China with US$100 billion mining planChile wants to widen the group of countries buying its copper and attract about US$100 billion in mining investment over the next decade, its foreign minister said on Wednesday, in the most explicit move yet by the new government in Santiago to reduce its exposure to Chinese demand. “The market is highly concentrated and we need to broaden the number of places that buy our copper,” Francisco Perez Mackenna said at a Bloomberg summit in Singapore, part of a tour through the Asia-Pacific. He said...South China Morning Post