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Freeport-McMoRan Inc

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  • *JPM sees high grade Philippine nickel ore exports to China. LONDON, Oct 28- Copper prices hit a two-week high on Tuesday as the outlook for supply was tarnished by looming strikes at two mines while expectations of higher demand from top consumer China helped reinforce optimism. Workers at Freeport-McMoRan's Indonesian copper mine will hold a one-month...

  • *JPM sees higher grade Philippine nickel ore exports to China. SYDNEY, Oct 28- London copper was perched near a two-week high on Tuesday as upcoming labour strikes at mines threatened to trim expectations for a metal surplus, while indications of a seasonal pick up in demand from top consumer China also supported prices. Workers at Freeport-McMoRan's...

  • SYDNEY, Oct 28- London copper was perched near its highest in two weeks on Tuesday on a seasonal pick up in Chinese demand, but traders were cautious ahead of a key U.S. monetary policy meeting. *Three-month copper on the London Metal Exchange had edged up 0.1 percent to $6,739.50 a tonne by 0129 GMT, after small gains in the previous session when it hit its highest...

  • LONDON, Oct 27- Copper edged up on Monday on news of planned strike action in Indonesia and as the dollar fell following results of European bank health checks although gains were limited. Also helping copper were rumors that China's State Reserve Board has resumed purchasing copper. Imports into China are rising and there's better orders from the power sector, "...

  • Atlantic Copper, a subsidiary of mining firm Freeport-McMoRan Inc, expects to produce 284,000 tonnes of copper cathodes, up from 226,000 tonnes in 2013, when it cut production by 17.5 percent due partly to a maintenance shutdown at its facility in Huelva, Spain. "While there are new mines coming on stream, there is also new smelter capacity being built in China,"...

  • METALS-Copper gains on Chinese manufacturing data Thursday, 23 Oct 2014 | 6:08 AM ET

    *China's manufacturing sector shows uptick in October. LONDON, Oct 23- Copper rose on Thursday on data showing a slight pickup in the growth in top consumer China's manufacturing sector. A stronger number in China, is mostly good news, "said Naeem Aslam, chief market analyst at Ava Trade.

  • SYDNEY, Oct 14- London copper slipped on Tuesday from two week peaks hit the session before after comments by the Federal Reserve fuelled worries over global growth, disturbing a fragile calm after robust Chinese economic data. *Three-month copper on the London Metal Exchange had slipped to $6,696 a tonne by 0034 GMT from the previous session when it tipped its...

  • *China's main share index hits 20- month high. LONDON, Oct 8- Copper fell on Wednesday, pressured by concerns about economic growth in China and Europe, although falls were capped by some short-covering after dipping to five-month lows last week. Chinese buyers returned to the market on Wednesday after a week-long break, but several factors continue to weigh on...

  • METALS-Copper gains capped by economic growth worries Wednesday, 8 Oct 2014 | 9:36 AM ET

    *China's main share index hits 20- month high. LONDON, Oct 8- Copper edged higher on Wednesday on a short-covering rally after an uptick in Chinese equities, though the metal remained not far off five-month lows on longer-term concerns about economic growth in China and Europe. Chinese buyers returned to the market on Wednesday after a week-long break, but...

  • LONDON, Oct 8- Copper steadied on Wednesday as the dollar lost momentum yet the metal remained near five-month lows on concerns about economic growth in China and Europe. The International Monetary Fund on Tuesday cut its global growth forecasts for a third time this year while data showed German industrial output in August in its biggest fall since the...

  • *Smelters seek $105- 115/ T, and 10.5- 11.5 cents/ lb TC/RCs. LONDON, Oct 7- European copper smelters are looking to raise raw material processing fees by 20 percent next year, as spot market prices race to 10- month highs on rising supplies and a recovery in output from Indonesia, trading sources said. Large copper smelters around the world are expected to seek as much as...

  • Pan Pacific Copper, Japan's biggest copper smelter and a unit of JX Holdings Inc, said on Monday it was aiming for a 5- percent increase in its refined copper output for the second half of the financial year that ends March 31, 2015. "We expect sound demand for reconstruction in northeastern Japan which was ravaged by the giant earthquake and tsunami, and for...

  • Pan Pacific Copper, Japan's biggest copper smelter and a unit of JX Holdings Inc, said on Monday it was aiming for a 5- percent increase in its refined copper output for the second half of the financial year that ends March 31, 2015. PPC, which exports about 45 percent of its production, also sees firm demand for exports to China and Southeast Asia, he said.

  • SINGAPORE, Oct 6- London copper futures hovered near their weakest in five months on Monday, pressured by a firmer dollar after strong U.S. employment data and persistent worries over the economic outlook for top copper user China. *Recent weak data out of China had also weighed on base metals. *JPMorgan Chase& Co raised $800 million from the sale of its physical...

  • METALS-Copper falls, economic data in focus Thursday, 2 Oct 2014 | 8:37 AM ET

    *Coming up: U.S. durable goods orders at 1400 GMT. LONDON, Oct 2- Copper slipped on Thursday, with prices vulnerable to further pressure from the dollar's recent strength as investors awaited fresh data for further clues on the health of the U.S. economy and the outlook for interest rates. Benchmark copper on the London Metal Exchange traded at $6,652 a tonne in...

  • METALS-Copper steadies as dollar rally stalls Thursday, 2 Oct 2014 | 6:45 AM ET

    *Coming up: ECB's Draghi holds news conference at 1230 GMT. LONDON, Oct 2- Copper held steady on Thursday, up from 3-1/ 2 month lows hit the previous day, as the dollar softened from recent highs, although prices remained vulnerable to dollar strength as investors await further clues on the health of the U.S. economy. Benchmark copper on the London Metal Exchange...

  • Reuters Business News Schedule at 0430 GMT/12.30AM ET Wednesday, 1 Oct 2014 | 12:30 AM ET

    Japan firms fail to shake off tax-hike gloom, blunting economic rebound. TOKYO- Big Japanese manufacturers were slightly more optimistic in the third quarter but service-sector sentiment worsened, a central bank survey shows, adding to signs that a solid economic pickup will remain elusive without another burst of stimulus.

  • JAKARTA, Oct 1- Workers at Freeport-McMoRan Inc's Indonesian unit are blocking access to the mine site, union and company officials said on Wednesday, to protest against the number of fatal accidents at one of the world's biggest copper mines.

  • *Newmont says exports 30,000 T from Indonesia on Monday. JAKARTA/ SYDNEY, Sept 30- Newmont Mining Corp sent out its first copper concentrate shipment from Indonesia this week that ended a nine-month hiatus, highlighting a ramp up in copper mine supply that is expected to tip the market into surplus this year.

  • SYDNEY, Sept 30- London copper was flat but not far off three-month lows on Tuesday ahead of data on growth in China's huge manufacturing sector, and was facing its steepest monthly loss since March on a looming increase in supply.