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18.08.26 - 08:06
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BHP Group: Mehr Kupfer – und noch mehr Dividende! (Der Aktionaer)
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BHP hat am Dienstagmorgen die Zahlen für das am 30. Juni beendete Geschäftsjahr vorgelegt und dabei eine Schwelle überschritten, die es in der Konzerngeschichte noch nicht gab: Kupfer steuert mit 54 Prozent erstmals mehr zum bereinigten Betriebsergebnis bei als das zuvor lange Zeit dominierende Eisenerz...
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18.08.26 - 05:54
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BHP CEO: China Iron Ore Demand Remains Steady (Bloomberg)
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China's iron ore demand remains steady, supported by manufacturing activity, according to BHP CEO Brandon Craig. He also says stronger Indian demand for metallurgical coal should support the market. He spoke with Haidi Stoud-Watts on Insight with Haslinda Amin.
(Source: Bloomberg)...
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17.08.26 - 22:27
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Copper Squeeze Deepens In London As Futs Near Record; Barclays Flags Top Mining Picks (ZeroHedge)
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Copper Squeeze Deepens In London As Futs Near Record; Barclays Flags Top Mining Picks
Copper prices in London have held above $14,000 a ton for nine consecutive sessions, with steep backwardation signaling that near-term demand is outstripping available supply. A confluence of bullish drivers is pushing prices toward record highs, while the key cash-to-three-month spread has widened to its highest level since the 2021 market squeeze.
The spot price traded as much as $543.50 a ton above three-month contracts on the London Metal Exchange, a hallmark of steep backwardation that signals near-term demand is outstripping available supply.
LME copper curve signals deep backwardation:
Three-month futures rose as much as 1.7% to $14,396 a ton on Monday, closing in on January's record of $14,527.50.
Richard Garchitorena, a New York-based Barclays equity research analyst covering North American metals and mining stocks, wrote Monday morning that mining stocks are poised for further gains as copper supp...
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