Benchmark’s copper team attended LME Asia Week in Hong Kong last week, where discussions carried a note of cautious optimism for China’s copper demand. Below we share the key takeaways from the event: 1) Despite pressure from extremely low spot treatment and refining charges (TC/RCs), Chinese smelters maintain strong output With spot treatment and refining […]| Benchmark Source
China’s rare earths industry is unrivaled: the country is forecast to produce 99.9% of global processed dysprosium (Dy) and 80% of processed praseodymium-neodymium (PrNd) in 2023, according to Benchmark’s Rare Earths Forecast. The size of China’s global share and close government control over industrial output has also given the country immense influence over rare earths […]| Benchmark Source