Aluminium P1020A premium, delivered Sao Paulo region, $/tonne

The growth is largely expected to be driven by stricter environmental regulations, increasing pressure from consumers and investors for sustainable products, and the region's commitment to achieving carbon neutrality, according to sources.

Over a decade since its first attempt, Glencore appears to have taken another tilt at Rio Tinto.

Participants in the market for copper scrap and blister in China, the world’s largest importer of copper raw materials, expect there to be fiercer competition for material in 2025, industry sources told Fastmarkets in the week to Thursday January 9.