Copper, nickel, zinc prices sink on China car sales, trade war
Near 17% decline in Chinese car sales in April – the 11th monthly drop in a row – compounds impact of Washington-Beijing trade salvoes.
Frik Els , Editor
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:
US-China trade war isn’t buckling copper price – yet
But tin, nickel miners and aluminum manufacturers should worry more.
Lithium price: Battery capacity of electric cars doubles from last year
Lithium prices remain under pressure despite new report showing record 9.8GWh of battery capacity was deployed globally in March.
CIBC is first quarter’s top mining dealmaker
The Canadian bank advises on deals worth $18.7B as fewer, bigger deals lift mining M&A 6.3% in Q1.
Lithium use in electric cars sold around the world surges 76%
Shifting battery chemistries sees lithium deployment outpace global electric car sales volume growth – report.
These charts are a big reality check for gold mining stock bulls
Top gold miners have destroyed $129 billion in value since 2011 peak.
Copper price jumps to 9-month high on red-hot China data
Measure of industrial output surges to five-year high in March.
Global gold production to hit fresh record in 2019
New report "debunks commentary calling for peak gold."
Chinese refineries can’t get enough copper concentrate
At the current rate China is forecast to import a record 22.4 million tonnes of copper ore and concentrate this year.
Cobalt, uranium and silver prices expected to rally in 2019
But the iron ore price surge won't last says new survey of commodity analysts.
Top 50 mining companies power through Iran war – up $250 billion in 2026
The world’s 50 biggest mining stocks shrug off global turmoil, hitting a combined $2.4 trillion value in Q1, but the tide did not lift all boats.