Rising US-China tensions halt copper price rally
Massive infrastructure spending announced by Beijing does little to assuage fears of full-on trade war between world's largest economies.
Frik Els
Frik has 20 years’ experience as a business journalist across a range of industries including automotive, technology and entertainment markets. Frik has an entry in Global Mining Observer’s Who’s Who of Mining 2018, and contributions to publications and conferences including Business Insider, Investing.com, Mines & Money London and New York, Vancouver Resources Investment, Progressive Mine Forum in Toronto and Canadian Mining Symposium in London, UK. He’s been interviewed on CBC Radio and Korea State TV and quoted in the Financial Post.
Posts by Frik Els:
CHART: Mining exploration spending to drop 29% this year
The rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending.
Iron ore price surges on Brazil covid-19 crisis
Benchmark prices close in on $100 a tonne on Brazil supply fears — "You can't move dirt working from home."
Nickel, cobalt prices benefit as electric car action shifts to Europe
MINING.COM EV Metal Index tracking value of metals in newly-sold EVs globally rebound as nickel, cobalt-rich batteries favoured in EU and US gain traction.
Copper price jumps as Chinese imports surge
Copper price now up more than 20% from covid-19 lows as China's April concentrate imports surge 22% to over 2m tonnes for only the third time ever.
Lithium price: One in three cars sold in UK now electric
You have to look hard for a silver lining as European car sales collapse by 90% and forecasts for lithium demand and prices are slashed.
CHART: Covid-19 disrupts $6.9 billion of global mining output
New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit.
New China EV incentives fresh boost for cobalt, lithium price
Changing habits in China following covid-19 could add further stimulus but new EV subsidy rules could prove headache for Tesla in China.
Cobalt price, nickel usage limit damage to EV Metal Index
Value of cobalt, nickel, graphite and lithium in newly-sold electric cars hold up despite impact of covid-19 as EV industry focus shifts to Europe.
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Copper, iron ore prices surge on signs of quick global recovery
Chinese iron ore stockpiles fall to near-four year low and copper price may escape worst of downturn, says new report.