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One of the world’s biggest copper companies has good and bad news for buyers hit with the highest prices in almost a decade.

Freeport-McMoRan is set to approve expansions at several of its US copper mines to capitalise on surging demand for the red metal as President Joe Biden moves to electrify the nation's automobiles and combat climate change, CEO Richard Adkerson told Reuters.

Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight.

A scoping study by ASX-listed Australian Strategic Materials (ASM) into an initial 5 200 t/y metals plant in Korea, has demonstrated the feasibility for the project.

Cerrado Metals' Peru mining project suffers from costs

Guinea company wins control of French alumina group Alteo

Nanshan Aluminum has made new breakthroughs

The copper price continued to recover on Thursday as investors bet on a quick bounce back in economic activity in China once the viral outbreak is brought under control.