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Market Realist. 3 days ago Copper's Diagnosis: How Severe Is China’s Slowdown? ## China’s slowdown China’s slowdown appears to be the biggest challenge for global markets. The country’s slowdown has been amplified by the trade war with the US (SPY). Several indicators, including automotive sales, have pointed to a deeper slowdown in the world’s second-largest economy. What do China’s copper imports tell us about its economy? China (FXI) doesn’t have enough copper reserves.

MAC OS X 10.10 Yosemite and later: Yahoo Messenger is not compatible To continue delivering a safe, secure, and stable Yahoo Messenger for Mac, Yahoo Messenger won’t be supported on versions newer than Mac OS X 10.9 Mavericks. Download iPhone and iPad apps by Yahoo, including Yahoo Mail - Stay Organized, Tumblr, Yahoo News, and many more.

Tech 21 sansamp bass. However, China is the largest copper importer. The country’s copper imports are seen as a leading indicator of its copper demand and economic activity. ## Imports fell In December, China imported 429,000 metric tons of unwrought copper.

The imports fell 4.7% YoY (year-over-year) and were also lower on a sequential basis. China’s unwrought copper imports have fallen on a yearly basis for two consecutive months. China’s copper ore and concentrate imports fell to 1.46 million metric tons in December from 1.7 million tons in November. The imports also fell 11.5% YoY. In December, the imports were at the lowest level since February.

## Analysis The fiscal 2018 picture looks strong. Unwrought copper and copper ore imports rose on a yearly basis. However, what we’ve seen over the last few months is a slowdown in China’s copper imports.

So far, leading copper miners including Freeport-McMoRan (FCX) have maintained that the underlying demand from China has been strong. However, falling Chinese copper imports might persuade copper miners to tone down their expectations for China’s copper demand (BABA). Apple (AAPL) also lowered its revenue forecast due to the slowdown in China’s sales. Read Why China Might Need a New Economic Model Now for more analysis of China’s slowdown. Market Realist.

8 days ago Why Goldman Sachs Expects Iron Ore Prices to Drop to $60 ## Resilient iron ore prices As we noted in Is the Party Over for Commodities as China Steel Feels the Heat? In November, iron ore prices started collapsing after Chinese steel mills’ margins gave way. In iron ore’s typical price pattern, prices once again started rising and increased 11% in December.

Prices have rallied back to over $70 per ton. ## Goldman Sachs says prices could drop to $60 According to Bloomberg, in a note released today, Goldman Sachs (GS) analysts, including Hui Shan, stated that while the industry’s fundamentals have improved, more supply is on the way, which should restrict the rise in prices. The bank expects iron ore prices to fall to $60 per ton in the next six months. Goldman’s analysts argue that $75 per ton for iron ore is not sustainable for two reasons: “First, part of the rally was fueled by mills restocking ahead of the Chinese New Year. Second, supply is set to increase in 2019.” ## Downside ahead for iron ore? Morgan Stanley (MS) also expects to see losses in the commodity (XME). On January 7, it said, “We’re iron ore bears from here, though, expecting falling crude steel output and growing seaborne supply to ultimately bring price back to the mid-low-$60s/ton.” Moreover, big miners such as Vale (VALE), BHP (BHP), and Rio Tinto (RIO) have been enjoying higher premiums on higher-grade ore due to China’s switch in a bid to control pollution.

This switch was supported by higher margins. As margins have waned, it seems like the party might be over for iron ore miners, at least in the short term. The producers of metals such as copper (FCX) and aluminum (AA) have also been under pressure due to China’s muted demand outlook. You can read Why Iron Ore Is Bucking Falling Price Trends Unlike Other Metals for more on this topic. PR Newswire. 8 days ago With global electric vehicle (EV) demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise. The growing market for electric vehicles has led to much higher demand for battery metals such as cobalt, lithium and nickel.

As the largest producer of EVs and largest consumer of battery metals in the world, China is aggressively looking to secure additional supplies of these critical minerals. Reuters. 9 days ago Copper concentrate exports from Indonesia's Grasberg mine, the world's second-largest copper mine, are forecast to plunge this year because of a lag in output as operations move from open pit to underground mining, a government official said on Wednesday. In 2019, copper concentrate exports are expected to drop to 200,000 tonnes from about 1.2 million tonnes last year, said Yunus Saefulhak, the director of minerals at the Energy and Mineral Resources Ministry.

Grasberg's operator, U.S. Miner Freeport McMoRan Inc, has documented the output decline, which is the result of the switch from the depleting open pit mine early this year but before a massive expansion of a coexisting underground mine ramps up to full production. Reuters. 27 days ago Indonesia's state-owned miner PT Inalum on Friday took control of the local unit of Freeport-McMoRan Inc, operator of the world's second-biggest copper mine Grasberg, with the closure of a $3.85 billion deal. The landmark deal, which hands Inalum a 51.23 percent stake in PT Freeport Indonesia, ends years of tough and often fractious negotiations over ownership rights to Grasberg as Jakarta pushed for greater control over its mineral wealth. 'Today is a historical moment since Freeport began operating in Indonesia in 1973,' a smiling President Joko Widodo told reporters at a press conference.

Market Realist. 28 days ago As we discussed in this series, falling copper prices have taken a toll on Freeport-McMoRan (FCX). Other miners including Southern Copper (SCCO), First Quantum Minerals (FM), and Rio Tinto (RIO) are also having a somber year. Falling copper prices aren’t the only concern for Freeport-McMoRan investors. The company is staring at a sharp fall in earnings in 2019 as the Grasberg mine transitions from overground to underground operations. Freeport-McMoRan still needs to sort out the environmental claims made by the Indonesian government.

Yahoo Chat For Mac

Yahoo Messenger For Mac

333 North Central Avenue Phoenix, AZ 85004 United States Sector: Basic Materials Industry: Copper Full Time Employees: 25,200 Freeport-McMoRan Inc. Engages in the mining of mineral properties in the United States, Indonesia, Peru, and Chile. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde and El Abra mines in South America. It also operates a portfolio of oil and gas assets comprising oil and natural gas production onshore in South Louisiana; and on the Gulf of Mexico shelf and oil production offshore California. As of December 31, 2017, the company's estimated consolidated recoverable proven and probable mineral reserves totaled 86.7 billion pounds of copper, 23.5 million ounces of gold, and 2.84 billion pounds of molybdenum, as well as estimated proved developed oil and natural gas reserves totaled 10.1 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc.

And changed its name to Freeport-McMoRan Inc. In July 2014. Freeport-McMoRan Inc. Was founded in 1987 and is headquartered in Phoenix, Arizona.

Inside Mac OS X 10.7 Lion: Yahoo Messenger video and voice in iChat By Saturday, February 26, 2011, 08:00 pm PT (11:00 pm ET) Apple has added support for Yahoo Messenger to Mac OS X Lion's iChat app, reportedly enabling text, voice and video chat over Yahoo's instant messenger protocol. Apple introduced iChat as an IM client for AOL's proprietary chat protocol, later adding support for Jabber/XMPP, an open IM standard supported by Google Talk and Apple's own iChat Server. For Lion, Apple has added Yahoo as an account type. Yahoo operates its own proprietary protocol that can't interoperate with AOL or Jabber type accounts.

The other primary chat protocol is Microsoft's Windows Live Messenger, which is also proprietary and does not support cross chat with AOL or Jabber, although Microsoft and Yahoo have created a gateway between their two networks. News of the new Yahoo client working with video and voice chat was initially by blogger iMarck90. After Android, Apple has increasingly worked to minimize its dependence upon Google as a partner, adding Microsoft's Bing and Yahoo search to Safari on both the desktop and iOS. However, adding new video support to iChat is an interesting addition, given Apple's push to promote FaceTime as its video calling solution. The company has even renamed its iSight cameras as 'FaceTime,' and now develops and distributes FaceTime as a standalone app in the Mac App Store, wholly independent from the iChat AV app it bundles as part of Mac OS X.