June 27, 2022

Asia coal prices hit record on hot global competition for fuel

Hotter-than-normal weather in China is pushing power demand to an all-time high, increasing the consumption of coal.

June 27, 2022

Ban on new gold imports from Russia seen as ‘largely symbolic’

The ban is unlikely to have any real impact on prices, with macro issues really driving sentiment at the moment.

June 27, 2022

Column: Iron ore needs China stimulus action, not just words

It appears market participants want to see actual demand rising, rather than officials talking about it, writes Clyde Russell.

June 26, 2022

Metals haven’t crashed this hard since the Great Recession

Industrial metals are on track for the worst quarter since the 2008 financial crisis

June 24, 2022

Metal traders leave Trafigura as falling prices hurt profits

The departures come against a backdrop of falling commodity prices that has been less profitable for Trafigura than the booming markets earlier in the year.

June 24, 2022

Lithium Royalty owner mulls sale, IPO in battery metals boom

The Toronto-based firm has royalties on projects in countries including Canada, Australia and the US.

June 24, 2022

Electric vehicles could take 33% of global sales by 2028 – consultancy

EVs accounted for less than 8% of global sales last year, and just under 10% in the first quarter of 2022.

June 24, 2022

Iron ore price up despite gloomy demand outlook

In China's steel production hub, Tangshan city, 56 of the 126 blast furnaces were shut for maintenance, according to Sinosteel.

June 24, 2022

Gold stock futures ramp nears

A monster US dollar rally driven by an extreme hawkish Fed pivot unleashed big gold-futures selling in recent months.

June 24, 2022

Gold price on track for another weekly loss as rate hikes loom

"There are a confluence of forces that are driving gold prices in both directions, forcing it to remain in a small range," one analyst said.