1. [Democratic Republic of the Congo's copper exports increased by 7.4% in 2021] foreign news on May 24, the data released by the Ministry of Mines of the Democratic Republic of the Congo on Tuesday showed that the country’s copper exports increased by 12.3% to 1.798 million tons in 2021, and cobalt exports increased by 7.4% to 93011 tons. Congo is the largest copper producer in Africa and the largest cobalt producer in the world.

2. The 5th khoemacau copper mine in Botswana, Africa has resumed operation] according to foreign news on May 25, the copper and silver mine in the 5th zone of khoemacau copper belt in Botswana under the private equity company GNRI has gradually resumed operation at the beginning of this week, but one of the mines is still under inspection.

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3. As of May 25, London Metal Exchange (LME) data showed that copper inventory decreased by 2500 tons to 168150 tons, down 1.46%. As of May 21, the inventory of electrolytic copper in Shanghai free trade zone was about 320000 tons in the week, a decrease of 15000 tons compared with the previous week, recording the largest decline in recent two months. The volume of goods arrived decreased & the import and export of the bonded area increased, and the bonded inventory decreased by nearly 15000 tons.


Post time: May-26-2022