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Zinc sale prices were 80 cents per pound in July 2008, [109] which was typical of its 2004–2008 pricing levels. [109] By January 2009 it had bottomed out and was worth 45 cents per lb. [109] A spectacular bull market and increased Chinese interest in galvanised construction steel caused prices to top off at $1.20 per pound of metal by January ...
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Copper mining activity increased in the early 2000s because of increased price: the price increased from an average of $0.76 per pound for the year 2002, to $3.02 per pound for 2007. [2] A number of byproducts are recovered from American copper mining.
Widmer and his team forecast copper, used for everything from electrical wiring to machinery, will reach an average of $12,000 per ton in 2025, a 20% upside from current levels.
That should eventually send prices soaring to $15,000 per ton, he predicted. Coppers prices are already at record highs, with benchmark prices in London at about $10,000 per ton, more than ...
The contracts prices are quoted in US dollars per tonne. LME prices have minimum tick sizes of $0.50 per tonne (or $12.50 for one contract) for open outcry trading in the LME Ring and electronic trading on LMEselect, while minimum tick sizes are reduced for inter-office telephone trading to $0.01 per tonne (or $0.50 for one contract).
For example, management expects to produce 4.1 billion pounds of copper in 2023. The leaching initiative produced 211 million pounds over the last 12 months, and management expects 300 million ...
The country's copper metal exports in 2006 totaled about 986,600 metric tons (t) valued at $6 billion, compared with 984,200 t valued at $3.4 billion in 2005; this value was 76.5% higher than that of 2005 as a result of the copper price increase to $2.829 per pound of copper in 2006 from $1.549 per pound in 2005. [11]