trending Market Intelligence /marketintelligence/en/news-insights/trending/XF1yV7HFvpW1p915FJOmtw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Codelco may end supply agreement with Chinese copper giant

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report: Codelco may end supply agreement with Chinese copper giant

Chilean state-owned copper miner Codelco may not renew a deal to supply copper concentrate to troubled Chinese smelter Shandong Fangyuan this year, Reuters reported Jan. 13, citing three sources with knowledge of the matter.

Codelco was in negotiations to supply Fangyuan, a long-term customer, with 20,000 to 40,000 tonnes of copper concentrate in 2020, but talks stopped in December 2019 when rumors of Fangyuan's bankruptcy surfaced, sources told the newswire.

The smelter had denied that it had filed for bankruptcy and said operations were running normally, according to Reuters.

Fangyuan, located in China's Shandong province, has an annual production capacity of 700,000 tonnes of refined copper and accounts for 3% of global output. One of the sources said the smelter is running at 25% to 35% of capacity.

The smelter also depends on trading houses such as Trafigura Beheer BV for copper concentrate supply, Reuters added.

Fangyuan did not respond to Reuters' email seeking comment. Codelco said in a statement to Reuters that it renewed a supply contract with Fangyuan in 2019, adding that "for now, we are not in any negotiation."

Trafigura declined the newswire's request for comment.